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LA Times Media Group Cuts 250 Jobs
Thursday, July 3, 2008

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The AP has reported that The Los Angeles Times plans to cut 250 positions, including 150 jobs in the print and online news departments, citing poor ad sales as the main reason for the cutbacks.

The paper will undergo a makeover by the fall that will cut pages by 15 percent per week, eliminate some sections and trim story length. Also, the Web and print departments will be merged into one operation with a single budget, and the company will also refocus on being more versatile.

The LA Times is one of many newspapers who have recently made major cutbacks. Read about the Miami Herald's recent struggles as well as the Minneapolis Star Tribune and the Village Voice.
If you have any breaking news please contact Amy Novak at anovak@accessintel.com
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