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Eugeneweekly

All articles tagged with #eugeneweekly

crime-and-business2 years ago

"Eugene Weekly Ceases Printing Amid Staff Layoffs After Embezzlement Scandal"

The Eugene Weekly, a longstanding free newspaper in Oregon, ceased publication and laid off its staff due to significant financial damage caused by an employee's embezzlement. The theft resulted in unpaid bills and unmet financial obligations, including $70,000 owed to the printer and unfulfilled employee retirement contributions. Despite the setback and ongoing police investigation, the newspaper's editor and community supporters are determined to revive the publication, with fundraising efforts already underway.

via The New York Times|
##crime-and-business#embezzlement
crime-and-business2 years ago

"Eugene Weekly Halts Print and Lays Off Staff Amid Embezzlement Scandal"

The Eugene Weekly, an Oregon-based newspaper, was forced to lay off its entire staff and cease its print edition after discovering that a former employee embezzled $90,000 and left the paper with over $100,000 in unpaid bills. The financial crimes unit is investigating, while the paper's staff continues to work unpaid to maintain the website and has started a GoFundMe campaign to revive the publication. The incident highlights the broader issue of local news outlets closing across the U.S., impacting community connections and contributing to political polarization.

via CBS News|
##crime-and-business#embezzlement
local-news-crime2 years ago

"Eugene Weekly Ceases Print and Lays Off Staff Amid $90K Embezzlement Crisis"

The Eugene Weekly, an Oregon-based weekly newspaper, was forced to lay off its entire staff and cease print operations after uncovering that a former employee embezzled $90,000 and left over $100,000 in unpaid bills. The financial discrepancies were discovered just before Christmas, leading to a devastating layoff for the 10 staff members. The paper, which has been a significant local news source and training ground for journalism students, is now the subject of a police investigation and a fundraising effort to recover from the financial blow. Despite the challenges, the staff remains hopeful for the paper's revival.

via Fortune|
##embezzlement#eugeneweekly