Faced with cut in revenue from falling newspaper circulation in the United States, the cure seems today to get rid of journalists. It is similar today to modern hospitals administrators getting rid of doctors to make budget.
An interesting discussion on this subject is available here.
Some points I thought were interesting in no particular order.
* A widely honoured rule of thumb in that a newspaper should employ one journalist for every 1,000 in daily circulation, this figure is falling.
* For every three people needed to put out a print edition, you need one for an on-line news site.
* A printed newspaper subscriber is worth much more than an on-line user.
* Many papers in the US are inflating their circulation numbers and it is difficult for a subscriber to stop a paper over there.