Tribune Co. Will Cut Up to 500 Jobs – Editor & Publisher, Feb. 13, 2008
[New Tribune Co. owner Sam Zell initially told employees that he planned to grow the company out of its recent troubles, but those plans are evidently on hold for now. The layoffs only amount to about 2% of the total workforce. In a novel twist, they’ll be funded with overages from Tribune’s employee pension plan. The struggling LA Times will lose 40 to 50 editors. – Ed.]
Tribune Plans More Cuts; Courant May Lose 45 Jobs — Hartford Courant, Feb. 14, 2008
[The Hartford Courant will get caught up in the Tribune Co. layoffs, losing 45 positions, with 10 of them in the 240-person newsroom. -Ed.]
Tribune to cut 400 to 500 companywide, 45 at Sun — Baltimore Sun, Feb. 14, 2008
[It appears that 45 is the magic number for layoffs at Tribune Co. papers. The Baltimore Sun also expects to shed that many jobs. – Ed.]
New York Times Plans to Cut 100 Newsroom Jobs – New York Times, Feb. 14, 2008
[With 1,332 employees, the Times’ newsroom is still by far the largest in the industry. No competitor has more than 900 newsroom staffers. Nevertheless, pressure from shareholders can’t be ignored. An interesting note in this piece is that Rupert Murdoch says he’s committed to making the Wall Street Journal a formidable competitor to the Times and is ready to add to its 750-person newsroom staff in order to do so. – Ed.]
Star Tribune Sinks Deeper Into Oblivion – True North, Feb. 12, 2008
[The Minneapolis Star Tribune will cut 58 more jobs on top of the 145 positions it cut last spring. That will leave the paper with about 1,900 employees, or about 10% smaller than it was at this time last year. No editorial employees are affected by this round of layoffs. Most of the cuts are due to efficiences from an outsourcing contract.
In a recent memo, publisher Chris Harte echoed a now-familiar refrain: “Total revenue (print and internet advertising and circulation) is down almost $75 million in the last two years. Classified revenue has been the hardest hit part of our business, and our 2007 classified revenue was down over 50 percent from what it was at the start of the decade.” – Ed.]
Publisher GateHouse to cut 60 Mass. jobs – The Boston Globe, Feb. 14, 2008
GateHouse Media Inc. is cutting 60 positions at its Massachusetts publications, including The Patriot Ledger in Quincy, The Enterprise of Brockton, and dozens of suburban papers, according to an employee briefed on the plans.
Lost printing contract likely leading to job cuts – Champaign-Urbana News-Gazette, Feb. 9, 2008
The News-Gazette will have to cut costs â€“ and probably jobs â€“ as a result of the Chicago Tribune’s decision to print all of its editions in Chicago, News-Gazette Publisher John Foreman said. The News-Gazette will continue printing the Tribune until April 26, when seven of the 24 jobs in the pressroom will be eliminated.
This entry was posted on Friday, February 15th, 2008 at 8:08 am and is filed under Advertising, BusinessModel, Circulation, Layoffs, NewMedia, Newspapers. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.