A selection of stories snipped from the Web. Descriptions are quoted directly from the source.

Virginian-Pilot Considers Layoffs, Other Cost-Cutting Measures

The president and publisher of the Virginian-Pilot said the newspaper and its affiliated companies are considering layoffs before the end of the year because of steep declines in advertising revenue.”We have no sacred cows. Everything is on the table,” Maurice Jones told Virginian-Pilot readers last week. Possible moves include layoffs, raising the price of the newspaper, reducing page count, closing some of the businesses associated iwth the newspaper, and decreasing the circulation area.

McClatchy-owned Star lays off 50

This latest job reduction comes after The Star’s layoff of about 30 employees on Sept. 17 in addition to roughly that many who had accepted the newspaper’s most recent early-buyout offer, publisher Mark Zieman told employees in an internal e-mail on that date.

Zell’s Tribune Co. takes big Q3 hit

The Chicago-based newspaper and TV station owner reported a $124 million loss for its third quarter, compared with a profit of $84 million a year earlier. Operating revenues were down 10% to $1 billion…Fueling the red ink at Tribune were a 13% year-to-year decline in publishing revenues to $654 million. Advertising revenues sank 19%, or $111 million, compared with the year-earlier benchmark. Even its interactive revenues declined 7% to $4 million…The biggest ad declines came in the sectors most immediately hammered by the economic downturn: retail outlets, furniture and hardware stores, and department stores. Automotive advertising was also down, along with telecom services and movies, Tribune said. The largest revenue declines came from the Chicago Tribune, Hartford Courant and Los Angeles Times.

Time Inc. Seeks Volunteers for Job Cuts at Magazines – NYTimes.com

Editors on Monday asked for about 100 volunteers to give up editorial staff jobs at Time, People, Sports Illustrated and a few other Time Inc. magazines, and the company announced the elimination of a similar number of jobs in its business operations. The cuts are the first steps toward what Time Inc., the nation’s largest magazine publisher, has said will be the elimination of about 600 jobs worldwide, most of them at its 24 magazines in the United States.”

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