DallasNews rises on voluntary staff reduction

Dallasnews

13/09/2023 15:37

** Shares of U.S.-based consumer publishing company
DallasNews  DALN.O  up 1.7% at $4.80
    ** Co implements limited voluntary staff reductions across
all departments at The News and Medium Giant
    ** Workforce expected to reduce by about 6% or 40 full-time
and part-time positions in co
    ** Says exact number of people who will take voluntary staff
reduction option is unknown
    ** Including session's gain, DALN up 23.5% YTD

 (Reporting by Saikeerthi in Bengaluru)
 ((Saikeerthi@thomsonreuters.com;))