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The Times-Picayune employees learn fate

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The Times-Picayune employees learn fate
Submitted by Fox First at Ten on June 12th

NEW ORLEANS (AP) - Employees are meeting with managers of The Times-Picayune as the newspaper prepares to trim its staff and publish three days a week.
Parent company Advance Publications plans to form a new company to oversee one of the nation's oldest newspapers and its affiliated website, NOLA.com. The Times-Picayune had printed editions seven days a week.
The newspaper says employees are being told Tuesday whether they will have a job with NOLA Media Group or be offered a severance package to leave the 175-year-old newspaper.
Similar meetings were being held at three major Alabama daily newspapers also owned by Advance Publications.
The Times-Picayune says some employees who are not offered positions Tuesday will be able to apply for jobs later.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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