NAA to Cease Publishing Print Edition of Presstime
Editor & Publisherreports that the Newspaper Association of America (NAA) is cutting its staff by 50%. They also ceasing publication of the print edition of Presstime. The organization's magazine will go web-only like many other publications are currently doing.
The association trimmed 39 positions this afternoon in response to the downturn in the industry, with 43 staffers remaining. In a memo to employees, President and CEO John Sturm wrote the steps were necessary and were taken at the direction of the board. "To be direct, industry economics compelled this round of staff reductions - to ensure we remain an affordable value to our members," he wrote.
Sturm also said the association is looking to further reduce member dues.
The website for NAA's Presstime can be found here. Reuters, MediaPost and PopMatters are also reporting on the NAA's job cuts.
