The Boston Globe said yesterday it completed cutting the equivalent of 50 full-time jobs from its newsroom, with about 60 percent of the reductions achieved through voluntary buyouts.
The remaining jobs were eliminated through layoffs of full- and part-time staff, said Globe editor Martin Baron in a note to staff. On Thursday, the Globe laid off 20 part-time employees in its newsroom.
"The past two months have been very difficult, " Baron said in the memo. "Those who are leaving us contributed mightily to our newsroom, and we will sorely miss their talent, dedication, and companionship at work."
The Globe, like papers across the country, has cut jobs in both newsroom and business operations as print circulation and advertising have declined. Even though many papers, including the Globe, reach more readers than ever through the Internet, newspaper websites are not generating enough advertising revenues to make up for the decline in print advertising.
The industry has also been hit by the recession, which has hurt traditional advertisers such as retailers.
To further cut costs, The New York Times Co., which owns the Globe, said last week that nonunion employees at the New York Times newspaper and the Globe will take a temporary 5 percent pay cut. The Times Co. said unionized employees in Boston and New York also will be asked for wage reductions soon.
Baron, in his memo, acknowledged that the job reduction process "takes an emotional toll."
But, he added, "This remains an organization of great strength and resilient spirit. We can all be proud that this newsroom continues to deliver journalism of the highest caliber."
Robert Gavin can be reached at rgavin@globe.com. 
