PHILADELPHIA (AP) — A long-established but financially ailing Jewish weekly newspaper in Philadelphia is transferring editorial management and production to a Baltimore-Washington area media company and cutting jobs.

The Jewish Exponent said Wednesday it was eliminating 15 of 27 positions as part of its affiliation with Mid-Atlantic Media.

READ MORE: Winter Weather Advisory In Effect Through Saturday; Blizzard Warning Issued For 3 Eastern Shore Counties

The newspaper said Mid-Atlantic will hire a team of four writers and a managing editor to work in Philadelphia. They will report to an editor-in-chief in Baltimore who has been the Exponent’s news editor and religious columnist.

READ MORE: Over 100 Flight Delays, 44 Cancellations Reported At BWI Airport

The Exponent bills itself as the nation’s second-oldest continuously published Jewish newspaper, tracing its roots to 1887.

The newspaper says bold changes were needed. It says the paper has been losing $300,000 a year and has been able to keep publishing only with support from its owner, the Jewish Federation of Greater Philadelphia.

MORE NEWS: LIVE LOOK: Ocean City Expecting Up To A Foot Of Snow

(Copyright 2015 by The Associated Press. All Rights Reserved.)