Eugene Weekly Halts Print Edition and Lays Off Staff Following Employee Embezzlement
The Oregon newspaper faces a financial crisis after a former employee stole at least $90,000, leaving the company with unpaid bills and undeposited retirement funds.
- The Eugene Weekly, a local Oregon newspaper, has laid off its entire staff and halted its print edition after discovering that a former employee embezzled at least $90,000 from the company since 2022.
- The embezzlement also left the newspaper with at least $100,000 in unpaid business bills, including to the paper's printer.
- Employees also discovered that money intended for their retirement funds was never deposited.
- The Eugene Weekly, which has been in operation for over 40 years, is now under investigation by the Eugene Police Department and has hired forensic accountants to conduct an independent investigation.
- Despite the layoffs, staff members continue to work without pay to keep the paper's online edition running, and a GoFundMe campaign has been launched to raise funds to reinstate the printed paper.