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A.H. Belo to cut salaries to further trim costs

April 02, 2009, 10:34 PM Post Comments
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A.H. Belo says it will cut some workers' salaries and suspend pension contributions for the year as it looks to lower costs further amid ongoing revenue declines plaguing the publishing industry.

The Dallas-based newspaper publisher said Thursday its board also approved a previously announced plan to suspend matching contributions to its savings program as well as a severance amendment that affects some of its executives, including Chief Executive Robert Decherd.

A.H. Belo Corp.'s publications include The Dallas Morning News and The Providence Journal.

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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