USA Today staff to take unpaid leave
USA Today, America's second-biggest newspaper, has asked most of its staff to take week off without pay to save money. The measures come as the newspaper continues to struggle to sell advertising space and is the latest in a series of cost-cutting initiatives in recent years.
In a memo to staff, USA Today bosses indicated that the newspaper expects disappointing financial results in the quarter to June.
According to the Associated Press, the executives, Susie Ellwood and Evan Ray, wrote: "The bottom line is that business conditions continue to be mixed and the national advertising environment remains volatile."
Mr Ray is president of Gannett Publishing Services, which prints and distributes USA Today and more than 80 other US newspapers, most of which have also asked staff to go unpaid for a week.
USA Today reported a daily circulation of more than 1.8 million for the period to 31 March 2011, with a readership of 3.2 million.
Oscar Pistorius trial: Defence's own witness contradicts athlete's version of events
Oscar Pistorius trial: The case against Oscar Pistorius – and why the prosecution claims his story doesn't add up
South Korea ferry: Captain could face criminal investigation as warrant is sought
Peaches Geldof dead: Private funeral for the family and friends of the socialite will take place next week
Shropshire criminals ‘using unmanned drones and infrared cameras to find illegal cannabis farms’ – and then steal from the growers
- 1 Poveglia: 'World's most haunted island' up for sale...is anyone brave enough to buy it?
- 2 The Hobbit: There and Back Again set for possible title change
- 3 Video of British Muslims dancing to Pharrell Williams's hit Happy attacked as 'sinful'
- 4 24 people applied for the 'world's toughest job', here are their interviews
- 5 Andre Johnson: Wu-Tang Clan-discovered rapper severed his penis and jumped from LA building
£26K-30k + Bonus, Private Medical Insurance, Company Pension: Charter Selectio...
£25K-28k + Bonus, Private Medical Insurance, Company Pension: Charter Selectio...
Unpaid: Kaya Responsible Travel: There are many small development projects in ...
Unpaid: Kaya Responsible Travel: As part of an ongoing effort to support local...