August 10, 2018
Gatehouse Media‘s Austin American Statesman newspaper is cutting jobs, offering severance packages to it’s more than 200 employees.
The packages will be voluntary, and will be okayed based on the newspaper’s staffing needs, according to the Associated Press.
Those allowed severance will leave their jobs next month, according to the paper’s plans.
The company didn’t specify how many jobs will be cut.
New York-based Gatehouse is also discontinuing its Spanish language newspaper, Ahora Si, on October 11th.
Gatehouse bought the Statesman for more than $47 million in April from Atlanta’s Cox Media Group.
There have been concerns ever since the sale about the possibilities of layoffs.
In April, Gatehouse also bought the Austin Community Newspapers group, which includes the Bastrop Advertiser, Lake Travis View, Pflugerville Pflag, Round Rock Leader, Smithville Times and the Westlake Picayune and digital formats that include Austin360, 512tech and Hookem.com.