02-01-2009, 01:54 AM
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#25
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barely disguised asshole, keeper of all that is holy.
Join Date: Nov 2007
Posts: 23,401
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L.A. Times to cut 300 jobs
Quote:
Editor Russ Stanton said in a second memo that the cuts will include a 70-position reduction across the editorial department, or 11 percent, in the coming weeks.
Hartenstein said the paper will reduce the number of sections on March 2, folding the California section into the front section, which includes local, national and international news, while keeping Business, Sports and Calendar as daily fixtures.
Other papers have also moved to trim sections in order to save money amid a rapidly worsening advertising market.
The New York Times in October folded the metro section in the paper's main news section from Monday to Saturday, and combined the business and sports sections on Tuesday to Friday.
Earlier Friday, A.H. Belo Corp., which owns the The Dallas Morning News and three other newspapers, said it will lay off 500 workers, or about 14 percent of its work force, and take other cash-saving measures to cope with falling ad revenue.
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I don't see these jobs ever coming back. With severe competition from the electronic competitors and rapidly dying/declining readership, I think this is a permanent change.
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"like strapping a pillow on a bull in a china shop" Bullitt
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