The Wiener Zeitung, which is owned by the Austrian government but editorially independent, suffered a sharp decrease in revenue after a recent law dropped a requirement for companies to pay to publish changes to the commercial registry in the print edition.
The newspaper, which is considered a quality publication with a wide range of articles covering domestic and foreign news, culture and business, was forced to cut 63 jobs and reduce its editorial staff by almost two-thirds to 20.
It will continue to operate online and plans a monthly print edition.
In its final daily print edition the paper interviewed one of Austria's most famous exports: actor-turned-politician Arnold Schwarzenegger. It lamented that, unlike Schwarzenegger's famous "Terminator" character, the newspaper won't be able to make the phrase "I'll be back" its motto for the future. To mark the end of it's daily print edition, the front page of Vienna newspaper Wiener Zeitung read: