Chicago Reader warns of “imminent risk of closure”

The Chicago Reader laid of six staff amid a warning that the paper’s future is now uncertain. The city’s legendary alt-weekly has announced restructuring and layoffs and is facing an imminent risk of closure. A combination of “financial losses, operational challenges, and external pressures” have resulted in the immediate layoff of six non-union employee staff positions. The layoffs were “spurred by an urgent need to reduce costs in order to avoid organizational closure.”