AP to make staff cuts next year

Reuters (among other media outlets) is reporting that the Associated Press is planning on making staff cuts next year. Here is the intro to their story:

NEW YORK (Reuters) – The Associated Press plans to cut up to 10 percent of its workforce in 2009, according to sources at the news service, as it copes with tough financial times and ailing member newspapers.

The AP has one of the world’s largest news-gathering teams, employing about 3,000 journalists, and a total of about 4,100 people worldwide. The cuts could amount to about 400 employees.

AP Chief Executive Tom Curley delivered the news as part of a “town hall” meeting with employees.

Read the entire article here.

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