Skip to comments.LA Times is expected to announce layoffs next week (150 jobs cut)
Posted on 04/20/2007 8:31:21 PM PDT by LdSentinal
The Los Angeles Times is expected to announce a plan Monday to cut slightly more than 5% of its workforce, or about 150 jobs, as profits at the newspaper and its Chicago-based parent company, continued to slide in the first quarter.
Executives at the paper said they expect most of the cuts--including nearly 70 positions in The Times' newsroom--to come through voluntary buyouts. After the reductions, the newspaper will have a total of about 2,625 employees. Its news staff will drop to about 870, from 940. Job reductions have been widely anticipated since last fall, when Publisher Jeffrey M. Johnson and Editor Dean Baquet resisted cuts in the editorial staff demanded by parent Tribune Co. Both executives left the paper in the highly-publicized dispute.
Nothing in Tribune's financial results this week alleviated concerns about the decline in revenues. The company's operating cash flow for the first quarter of 2007 was down 12% to $238 million from $271 million in the same period a year prior, while operating profit declined 16%, to $181 million from $217 million.
(Excerpt) Read more at latimes.com ...
It happens when you LIE! People are starting to see though their bullshit.
Looks like their “product” isn’t selling. Wonder why?
i luv it!
they lose money and they always blame the internet, blah, blah, blah.
but they never emote that maybe their left wing journalism, people do not want to read.
the leftists will go down with the l.a. times.
Well, they've already used the "high cost of newsprint" excuse, so maybe ink skyrocketed?
More J-school propaganda artists on the streets. Good.
If they were smart, the 5% would come out of the top editorial staff first.
“LA Times is expected to announce layoffs next week (150 jobs cut)”
Ok, here is the solution.
1) Unsubscribe to Reuters, the AP and Al Jazeera.
2) Hire a few reporters to report and not editorialize
3) Print that you were wrong and that Reuters, the AP and Al Jazerra are biased and you will noo longer support them.
4) Watch everyone to the right of Ted Kennedy start reading the paper again instead of taking it out of recycling barrels and lining their bird cages.
Sometimes death comes slow.
But it won’t be any of the liberal editors, editorial and op-ed writers instead it will be the lower level flunkies who don’t make any real decisions on what goes into the paper especially in terms of politics. God help you if they think you’re a conservative you’ll be in the unemployment line before you can say Hillary Clinton.
Glad my I was able to help in their layoff process. My husband finally let me cancel our Sunday paper after begging for years...yea! I would just get mad even seeing it around only one day a week and would refuse to look at anything. He only wanted the comics and Sports page but finally turned to the inernet for his sports. One by one hopefully they will some day fold!
Always nice to see trouble in my enemy’s tent!
They need to get rid of about 2600 more of these liars.
Looks like the LaBrea tar pits to me.Good job.
As this trend continues, the 2008 elections may be the last election year where the vile left wing MSM has any real impact on the votes.
As the vile and lying left wing MSM flushes itself down into the cesspool of history, things will get better for America.
The elite left wing facists, who control the Rats and media, know this reality. This is why they are so desperate re the upcoming elections and pushing the Gorebull Warming BS.