16 employees were fired without previous notice as ImpreMedia shut down the print edition of Hoy newspaper in NYC on December 30, 2008.
Javier Castaño, the paper’s editor told AP falling advertising revenue and the poor economy contributed to the 10 yr-old publication’s demise.
Hoy will now only be available online. Other papers are taking the digital route. The Christian Science Monitor announced last year they would stop printing on paper and move to become the first national publication to switch to a Web-only model.
ImpreMedia bought Hoy from Tribune in February of 2007.
