Sorry to end the week with grim news but we heard production workers at the San Jose Mercury News are going to lose their San Jose-based jobs starting on Monday.

According to The Business Journal, layoff letters were issued to 118 employees. As for the good news? An undetermined number of those employees will be offered jobs at other locations affiliated with the paper.

The employees impacted by the reduction in force (a.k.a. “RIF”) include press operators and production staffers. It sounds like timing is everything. After all, the layoffs are occurring merely two weeks after the newspaper announced its intentions to market its 30-acres.

Publisher Mac Tully explained, “This plant sits on very valuable real estate that we want to realize the value of.”