But they're only dumping the old folks, so no worries. You know, this is how you stay sharp, fresh, and cutting-edge. Dumping staff with institutional memory seems to be the latest "in" thing, as we've seen at Oregon Zoo and other Metro-"run" (money-losing) facilities. This innovative approach allows organizations to hire in kids with no skills and no work ethic; no knowledge of what the history of the place is, but as long as they can make breakfast in the morning, chat, and check Facebook, it's all good.
At The Oregonian, they cut 1/4 of news staff a couple of years back, cut daily delivery, and then wondered why their subscribers left. They even vacated their venerable long-time headquarters and now rent space in an office building. Now they're dumping more folks with 20 or so years of experience.
Their main print business these days seems to involve throwing ads twice a week into neighborhood driveways, so that we can pick them up and chuck them into the recycling bins. At least they're providing solid employment for the folks at Waste Management.