Business

Herald-Leader announces layoffs, furloughs

The Lexington Herald-Leader announced further cuts to its workforce and other cost-saving measures on Monday. Publisher Timothy M. Kelly said the newspaper's revenue was again down in the previous year, and "as a result, we need to implement additional cost-saving measures to achieve our business goals."

Six employees, in the advertising and circulation divisions, are either being laid off or going from full time to part time, he wrote in a note to staffers. The paper also will eliminate some open positions and a temporary job.

All employees except advertising salespeople will be required to take a week off unpaid in the first half of the year. The newspaper made a similar move in each of the past two years.

Since 2008, the Herald-Leader has had a series of layoffs as it struggles during the economic times and in the wake of increased competition online. The Herald-Leader is owned by The McClatchy Co., based in Sacramento, Calif.

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