July 3, 2008

The Carnage Continues…

Posted in Geek Out at 11:50 am by shhville

America’s Fattest Newspaper Goes on a Scary Diet

From Gawker:

Tribune Company’s Los Angeles Times is one of the most hard-pressed big-city newspapers: the parent company is over-leveraged; the local market reeling from a real estate crash; and like all papers the LAT is suffering from competition from the internet. Even so, the 150 newsroom layoffs announced today are shockingly swingeing. Together with buyouts announced at the start of the year, the latest cuts will leave the Los Angeles Times—once one of the fattest papers in the country—with 20% fewer editorial positions than last year and 42% fewer than a decade ago.

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