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STATEMENT OF PATRICK J. PURCELL President and Publisher Boston Herald March 27, 2009 Since 1994 when I purchased the Boston Herald, my goal has been to ensure the company’s financial stability so that we can provide our online and print readers with lively, informative and relevant journalism every day. We’ve undertaken myriad efficiencies, but increasing challenges to the newspaper industry coupled with a bleak economy have required further belt-tightening measures. It is with regret that I announce today a 6% reduction in the Herald’s workforce, achieved through 13 voluntary and 11 involuntary terminations. The spirit of this newspaper emanates from our employees and I thank all of you for your integrity, ethics and hard work every day.
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