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AP Set to Slash 10% of Work Force in ‘09

A cut in fees paid by member newspapers and a slowing economy are taking a toll on the Associated Press. The wire service announced Thursday that it will trim 10% of its work force during the next year, amounting to a loss of more than 400 jobs from a global staff of 4,100. More than 100 AP member newspapers have threatened to quit the service, including the Chicago Tribune and the Los Angeles Times. AP is also facing rising from competition from CNN, which is forming a wire service it intends to market to newspapers.

Matthew Schwartz is Senior Editor of ScribeMedia.org and host of the WebTV series, From Print to Digital.