Buffett newspapers cut 289 jobs as circulation slumps

Warren Buffett’s Berkshire Hathaway Inc. eliminated 289 jobs at its newspapers amid a decline in print readership and advertising revenue. The cuts include 108 vacant positions, according to a memo Monday from Terry Kroeger, chief executive of BH Media Group. Some papers are also reducing the amount of pages they publish. “While more readers than ever turn to our digital products, our digital revenue is not growing fast enough yet to offset print revenue losses from both advertising and circulat...

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