McClatchy Follows BuzzFeed, Vice, and Others in Cutting Staff

With that in mind, we are rolling out two major initiatives:

Driving our company to a functionally-based organizational structure in targeted strategic areas;

Launching a voluntary early retirement program for qualified colleagues, as we continue to align the size of our workforce to the changes that come with digital transformation. I would like to highlight three areas of strategic importance as key drivers of future revenue whose performance we’ll look to enhance as a result of these changes:

Ad Revenue Council: I will lead a new management group to ensure that our advertising revenue goals are met, identify new revenue streams and support the work of key executives leading revenue teams. Our technology investments are accelerating our digital transformation and the combination of Dan Schaub’s Audience organization with Scott’s team will enhance data-driven tactics to better delight our customers and grow subscription revenue faster.

Source: www.miaminewtimes.com