Today the News and Observer offers another hint that the Raleigh newspaper and the Charlotte Observer are gradually consolidating.
The two papers, both owned and operated by The McClatchy Company, already share a bulk of their stories, and some Charlotte staffers have even moved into N&O offices downtown. As another blogger pointed out, Mark Johnson, normally credited in the N&O as a writer for The Charlotte Observer, is simply called a “Staff Writer” in one of today’s articles.
McClatchy, who has recently admitted rapidly falling ad revenue, sunk to new lows this week, and earlier this month the N&O offered hundreds of buyouts to its staff.
This morning the News and Observer reported that McClatchy intends to cut 1,150 jobs. If not enough of the buyouts are taken, layoffs will begin Monday.
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