As the paper's $9.9 million federal stimulus loan expires, some staff at The Seattle (Washington) Times will see pay cuts up to 20% and hours reduced, the paper announced in an opinion column yesterday. Seattle Times President Alan Fisco told the staff last week that the paper will avoid layoffs as long as it can.
The column by Dean Miller, r, noted that while traffic to newspaper websites and subscription revenue have both surged during the pandemic, that has not been adequate to replace advertising revenue losses, which have been sharp.
Read his column, which also summarizes other recent news across the country about the news industry.
