• New York Times, Friday, October 14, 2011 4:10 PM

In an unfortunate sign of declining newspaper fortunes, two papers -- one major, one smaller -- announced staff reductions within a day of each other.

Brian Stelter (In a rare instance of the New York Times reporting on itself) writes about the company's plans to eliminate "up to 20" newsroom positions by seeking volunteers for buyouts (rather than involuntary layoffs). The paper's business side will also suffer a combination of buyouts and elimination of positions that are vacant.

Meanwhile, 38 full- and part-time employees (mostly in the news/editorial department) of The Portland Press Herald/Maine Sunday Telegramwill be laid off; an additional 23 took voluntary severance.

Read the whole story at New York Times »