The Kansas City Star will lay off 50 employees, an executive announced Monday, the Kansas City Business Journal reported. The Star is owned by McClatchy Co., the third largest newspaper publisher in the United States.
This job reduction came after The Star's layoff of about 30 employees Sept. 17, and was in addition to roughly many “who had accepted the newspaper's most recent early-buyout offer,” publisher Mark Zieman stated in an internal e-mail.
On June 16, McClatchy announced it would cut about 1,400 full time jobs nationwide, or about 10 percent of its staff, including about 120 jobs at The Star, according to the Kansas City Business Journal article, posted by the Sacramento Business Journal.
The publisher said on Aug. 14 that it would freeze wages for a year beginning Sept. 1 at its 30 newspapers, including The Sacramento Bee, the Kansas City Business Journal reported.
McClatchy late last month reported its third-quarter earnings of US$4.2 million, or five cents a share, down from $1.35 billion, or $16.42 a share year-over-year. Revenue for the quarter totalled $451.6 million, which dropped 16.4 percent from $540.3 million last year, according to the article posted by the Sacramento Business Journal.

