Lost Remote says the Los Angeles Times and Chicago Tribune are cutting 250 jobs in the wake of the Tribune Company’s recent sale to Samuel Zell. It’s a continuation of what we’ve seen here, here, here, here and here.
Technorati: Layoffs, Buyouts, Newspapers
One Comment
Dear Lee,
The downsizing at Tribune properties has only just begun, the Baltimore Sun just announced staff reductions of fifty, with many more cuts coming this week at other Tribune newspapers, television, and radio.
I would suggest firing the executives, but they have a contract that will pay them $269,000,000 if terminated, must be nice.