Toledo, Ohio-based daily newspaper The Blade will axe 25 workers as a result of slumping ad revenue and the poor economic climate, The Blade reported Thursday.

The majority of the layoffs at the Block Communications Inc.-owned newspaper will be within the newsroom, five of whom work part time. The newspaper is also expected to make a large payout to employees through its pension plan due to losses in the stock market, said Luann Sharp, assistant managing editor.

Those to be made redundant include eight full-time reporters, four news support staffers and all the newspaper's part-time reporters, Sharp said, according to The Blade.

Other media in the Toledo area is seeing the same downturn, as Fox TV station WUPW-TV shuttered its weeknight sportscasts and cut two jobs, as part of a 150 employee reduction across the country by Rhode Island-based LIN TV Corp., which owns the station, The Blade reported. Another television station, WTOL-TV, lost six employees as part of a staff reduction by Raycom Media Inc.