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January 27, 2015

MaineToday Media lays off 8 people

MaineToday Media, the owner of the Portland Press Herald and other Maine newspapers, has laid off eight employees across multiple departments.

Lisa DeSisto, MaineToday Media's CEO, confirmed to Mainebiz in an email on Tuesday that eight of the company's 405 positions were eliminated last week.

She said the workforce reduction "was needed to tighten expenses to be able to deliver our 2015 operating budget." However, she said, the company "has made tremendous progress and finished 2014 with the month of December showing positive [year-over-year] circulation growth." She added that MTM is actively looking for sales representatives in Portland and a reporter in Waterville.

DeSisto said the following positions were cut: one at MaineToday.com, the company's arts and entertainment website; one newsroom position at the Coastal Journal weekly newspaper; three in circulation and distribution; two in administration and finance; and one in the press room.

DeSisto also said the company let go of all of its paid bloggers at MaineToday.com because they "weren't generating enough online ad revenue to offset the expense." However, she said, the company has "invited bloggers to continue to provide posts for us as many of them use the platform to get visibility for their small businesses or other services."

"MaineToday site traffic has grown dramatically on a year-over-year basis, but the traffic to the blog posts was a very small fraction of the total," she said.

Moving forward, DeSisto said, the company is refocusing MaineToday.com, which relaunched last March, to become a listings destination on "where to go, what to eat and drink."

This story was updated to include a comment about MTM's current job openings and a clarification about bloggers at MaineToday.com.

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