Job cuts at Philadelphia Magazine and buyouts at The Inquirer mark latest signs of economic strain at media outlets

The economic downturn caused by the coronavirus pandemic, coupled with the long-term decline in print advertising, delivered another blow to media jobs this week.

Metro Corp., which publishes Philadelphia Magazine and its counterpart in Boston, said this week that it is cutting eight positions and putting 13 employees on furlough in its Boston and Philadelphia offices. Remaining employees are being forced to take 20% pay cuts for 90 days, said an employee who was not authorized to speak for the company.

“This difficult decision will allow us to devote resources to produce our trusted brand of quality journalism and reader service that our audiences have come to expect and count on,” Metro said in a statement on Philadelphia Magazine’s website.

Details on the categories of employees affected by the cuts or on how many employees will remain in the two offices were not available. The company, which made the announcement Tuesday, did not respond to a voicemail at its Center City office.

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