Saturday, April 21, 2007

L.A. Times Expected to Announce Job Cuts

The Los Angeles Times is expected to announce that they will cut as many as 150 jobs within the next few weeks. This announcement comes as quartely revenue earnings were announced.

The full article can be seen on Business Weeks web-site:http://www.businessweek.com/ap/financialnews/D8OKU0NG1.htm

This should not come as a surprise to many. Newspapers across the country are seeing a decline in revenue. Some are seeing a steeper decline and this has forced many to rethink the way they publish. This includes the idea that some newspapers could go strictly online in years to come. Several other papers are scaling down their currently production by a few pages each year. Cutting on content, not jobs.


No comments: