Saturday, January 31, 2009

LA Times Announces It Will Cut 300 Jobs

The Los Angeles Times announced yesterday it will cut 300 positions. Here is Editor Russ Stanton's note:

As you know from reading our front page and our homepage, not a day goes by that we don't give our readers the latest news and analysis on the deepening troubles of the US economy. The same challenges that face the companies we report about also are affecting us. We need to implement changes to our flagship print product, and throughout our organization, that will ensure our future as the #1 source of news and information in Southern California.

In the coming weeks, we will introduce a number of changes to the way we do business, including a new sectional line-up for the paper. These are necessary to facilitate greater efficiencies in how we approach our operations, production and distribution and, as a result, we expect to eliminate approximately 300 positions.

The Times later said 70 of those positions will be editorial, representing 11 percent of the department.

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