Wednesday, February 13, 2008

Doing More With Less

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Tribune Co. to cut staff by 2%

Tribune Co., struggling with declining revenue, today said it would cut staff by 400 to 500 people companywide, or around 2% of the Chicago-based media company's workforce. At the Los Angeles Times, 100 to 150 jobs will be eliminated, 40 to 50 in the newsroom, through a combination of attrition, voluntary buyouts and, if necessary, layoffs, Publisher David D. Hiller said in an interview this morning. [Click for MORE]

> Analyst's response to Tribune cuts: 'Again?'

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