The McClatchy Co. announced another round of job cuts Tuesday and said it was slicing its shareholder dividend in half. Sacramento-based McClatchy, parent company of The Fresno Bee and 29 other daily newspapers, said it was cutting its work force by another 10%, or 1,150 full-time positions, as part of an effort to cut expenses by $100 million a year. The Fresno Bee will lose 40 workers in the McClatchy expense-cutting effort, publisher Ray Steele Jr. announced in a letter to employees Tuesday. Of those, 35 -- including 11 in the newsroom -- accepted buyouts. Five -- including one in...
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