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cut 21 jobs in the IT department on June 18 as part of a AJC spokesperson Jennifer Morrow said30 full-time positions were nine of which were open, resulting in only 21 employees cut. Accordingg to figures released April 28 fromthe , the AJC saw a dailgy circulation decline of 8.5 percent to in the six-month period ending Marchn 31. Sunday numbers during the same perior fell 5 percentto 497,149. This drop in circulation followeda 9.1 percengt decline in the previous six-month On April 30, the AJC announcecd a restructuring of its circulation cutting 62 distribution positions and consolidating its distributionb operation to 49 counties.
Augusta-basedx , with $375 million in revenue last year, is also According to a May 14 filing with the Securities and Exchange the company is in danger of violatingy its debt agreementby Dec. 31, 2008. The news comes after the compant reported astartling 43.6 percent drop in profit from continuing operationd in 2007. Morris is the owner and operator of 13daily newspapers, including The Florida Times-Union in Fla.
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