Medium impactLayoffs

McClatchy Cuts 90+ Journalists Nationwide in Sweeping Restructuring Layoffs

NewsData.io · United States · Sep 12, 2026

McClatchy laid off more than 90 reporters across 13 union newspapers nationwide, including five journalists at the San Luis Obispo Tribune, 10 at the Sacramento Bee, and seven at the Fresno Bee. The cuts come as the publisher reported a 41% drop in consumer revenue while expenses remained flat. The layoffs are part of a broader restructuring amid years of financial decline, including a 2020 bankruptcy and subsequent acquisition by hedge fund Chatham Asset Management. The story signals continued contraction in traditional media, with potential ripple effects on local staffing demand in journalism and content roles.

McClatchyChatham Asset ManagementNational Trust for Local Newsmediajournalismpublishing

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