LA Times to cut 150 jobs

Times is expected to cut 5% of staff
By James Rainey, Times Staff Writer
April 21, 2007

The Los Angeles Times is expected to announce Monday a plan to cut about 5% of its workforce, or approximately 150 jobs, as profits at the newspaper and its Chicago-based parent company continue to slide.

Times executives said they expected most of the cuts, including nearly 70 newsroom positions, to come through voluntary buyouts. After the reductions, the newspaper would have about 2,625 employees. The news staff would shrink to about 850 people from 920.

by Michael A. Mariant at Sat Apr 21 16:49:21 UTC 2007 Los Angeles, United States | Bookmark this | Digg this |