Posted on 02/07/2009 8:20:19 AM PST by abb
In a memo to employees Friday, Chicago Tribune Media Group CEO Tony Hunter said there will be more job reductions at the flagship Trib and siblings such as RedEye as the company takes “decisive action” to cut cost.
Hunter wrote that the unspecified changes -- including “streamlining the product portfolio” -- will “result in people leaving the organization over the next few weeks,” though he did not say how many and from what departments. The memo was first reported by Crain's Chicago Business in a Web article by Meghan Streit.
Last year the Trib shrank its newsroom by about 70 positions by buyouts, attrition and layoffs.
The Chicago Tribune will also try to increase circulation revenue with higher home delivery charges, Hunter said.
Tribune Co. last month filed for Chapter 11 bankruptcy protection, and individual newspapers have been announcing staff reductions and other cost-saving measures in recent weeks. The Los Angeles Times last week announced a reduction of some 300 positions.
Is that Harrison Ford?
(For those who don't know, Rosenthal was Editor-in-Chief of the New York Times from 1977 to 1988 during its peak.)
If the newspapers want their readership back, they need to do these things: 1) start being objective on their news coverage, 2) cut the price of classified advertising to better compete against the likes of Craigslist and 3) bolster their online presence so they can post more stories throughout the day and make the stories available for quick download to laptops and "smart" cellphones.
I’ve always thought they could get more money from home delivery. The people who really want the paper are willing to pay the extra money. My parents are retired and they couldn’t care less how much the paper costs, it’s a part of their breakfast.
:)
http://www.andrewhalcro.com/anchorage_daily_news_tough_times
Anchorage Daily News: Tough Times
Dear Anchorage Daily News: Tough toenails.
The problem is that the world the newspapers wanted - socialist, dominated by unions and minorities - doesn’t want to read the newspaper. If they can read at all. TV is their universe.
http://blogs.browardpalmbeach.com/pulp/2009/02/miami_herald_publisher_more_la.php
Miami Herald Publisher: More Layoffs Coming To Newspaper
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