Seattle Paper on the Brink of Extinction
SEATTLE—Unless a buyer is found, the Seattle Post-Intelligencer is expected to let go all of its employees. In a letter to the Pacific Northwest Newspaper Guild—in accordance with the federal WARN Act—parent company Hearst Corp. notified employees that their jobs will end sometime between March 18 and April 1. The 117,000 daily circulation paper has a staff of 170. Hearst hired an investment banking firm to help identify a buyer for the paper.