Skip to comments.Tribune Co. announces restructuring; will cut nearly 700 jobs (in their newspaper division)
Posted on 11/20/2013 10:41:24 PM PST by Zakeet
Tribune Co., the parent of the Los Angeles Times, unveiled a restructuring plan that will slash nearly 700 jobs over the next year.
The cutbacks indicate that the newspaper division is bracing for another drop in advertising in 2014, analysts said.
Print ad revenue fell nearly $200 million in the last two years and an additional $62 million in the first nine months of this year.
(Excerpt) Read more at latimes.com ...
Too many people quit buying our fishwrap ...
(R.I.P. Doctor Raoul!)
The closing of their doors can’t come too soon, nothing but propaganda. Once upon a time the O.C. Register was a balanced voice, but they too have devolved and are now filled with a bunch of pro “immigrant” crapola and will probably be following the LA Slimes into the crapper. The only time I waste money on a newspaper nowadays is if the wife wants the Sunday ads.
They will then outsource all of those activities to subcontractors who will pay their employees less and offer them fewer benefits.
So while the reporters at the LA Times are editorializing in favor of a "living wage" and good benefits, their management will be seeing to it that the exact opposite happens for their operations staff.
it’s beginning to look like schaden freuden, everywhere you go....
They would rather go out of business than sell it to anyone who might be a bit conservative, not that anyone would plow money into that dying business.
Subscribe to a “news” paper? Who’d pay for communist propaganda? Even communists don’t waste time on that stupid stuff.
Hard to believe now, but The Chicago Tribune and The Los Angeles Times were Republican for many decades.
Indeed. Back when these folks ran them.
“Hard to believe now, but The Chicago Tribune and The Los Angeles Times were Republican for many decades.”
The LA Times has been far left forever!
I quit that communist paper for another publication in 1958!!
Excellent... all rats too!