So much for Warren Buffet coming to the rescue:
BH Media Group, a division of Berkshire Hathaway Inc. (NYSE: BRK.A), citing a decline in advertising revenue, has laid off employees at its two newspapers in Greensboro and Winston-Salem, the company said Tuesday.
The company is reducing staff by six employees at the Greensboro News & Record and not filling five vacant positions, while one person was offered a different job. At its sister paper, the Winston-Salem Journal, one person has been let go, four vacant positions have been eliminated and another two people have been offered different positions.
That may not seem like a big deal, since they cut several times that number just a few years ago. But this one hurts maybe even more. Both Doug Clark and Susan Ladd were let go this time, two strong voices of reason in both their (newspaper) blogs and the editorial pages. They won't be replaced, they can't be replaced. And the overall tone of the paper will suffer. I know some people tend to avoid the editorial pages so they won't be pulled one way or another, but the truth is, those columns help us understand the impact of policy changes; what brought them about, and how they may affect us. And we just lost two of the best explainers.