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I have been a manager as well as an editor at one level or another for twenty years, and I understand the sorts of things that you have to say publicly once you have taken the king's shilling. 
But for sheer, staggering baldfaced nonsense, it would be hard to top a statement that Marcus Brauchli, editor of The Washington Post, put in a memo announcing the latest round of buyouts at the paper: "Our objective is a limited staff reduction that won’t affect the quality, ambition or authority of our journalism."
The buyout offer excludes newsroom employees in specified key areas.Here are the categories of the dispensable: "Those who qualify: Business, Metro, the Magazine, Style, news designers and copy editors on the Universal desk."
When newspapers shed editors and copy editors, it is not just the case that an increase in typographical errors and lapses in grammar and usage follows. It does, and readers notice. It is also the case that there is an increase in slipshod reporting and writing, because there are fewer people left to challenge low-grade work, and the frazzled survivors are overwhelmed. 
I draw your attention to a case in point: a merciless anatomization at ChicagoReader.com of a routine news story in the Chicago Tribune that has more gaping holes in it than the hull of the Titanic. Read and believe. 
This is not to single out the hapless Mr. Brauchli, who merely says the things that are said on these grim occasions, or the Chicago Tribune, whose pathetic example is multiplied by the thousands in the daily press (including,sadly, my own shop). I also understand the difficult decisions that have to be made by management when the revenue ceases to support the operation, having myself been on the wrong side of one of those difficult decisions. 
But pretending that editors don't matter much, or that fewer people can take on more work without a cost to quality, or that electronic gimmickry can be made to substitute for judgment (Have you seen the things that grammar-check software turns up?) won't work. The customers start to notice. 
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