Bruce MacDonald

Holy mackerel. Spotted this story about our billionaire-owned local paper this morning while pawing through the Business section.

"The Minnesota Star Tribune will cut its workforce by 15% through buyouts and layoffs, executives said Tuesday evening, just a month after the newspaper won a Pulitzer Prize for its coverage of the Annunciation Church and School shooting."

Minnesota Star Tribune cuts jobs and pursues nonprofit ownership structure
By Christopher Vondracek
The Minnesota Star Tribune
https://www.startribune.com/minnesota-star-tribune-cuts-jobs-and-pursues-nonprofit-ownership-structure/601852356?utm_source=gift

#Minnesota #newspapers #journalism

Jun 4 at 12:35pmWeb
Show threadBruce MacDonald1d ago
"The media company, often heralded as a bright spot in the local news landscape, faces the same business model challenges as the rest of the industry. As readers increasingly turned to social media and other nontraditional information sources, advertisers followed, fueling a mass exodus of advertising dollars and declining revenue."
—from the article