Tribune to cut about 700 jobs at its newspapers
The Tribune Co. will restructure its publishing division, "resulting in nearly 700 job losses across the Chicago Tribune, Los Angeles Times and six other daily newspapers," Robert Channick reports.
Jobs in the company's publishing staff "will be eliminated beginning Wednesday, and the impact of those cuts remains to be seen," Channick writes. The reductions will "largely involve operations personnel," Walter Hamilton reports in the Los Angeles Times.
"We are not going to be reducing any of our frontline reporters," Channick reports Tribune Co. CEO Peter Liguori said. "Over time there will be some small reductions on the editorial side, but we want to maintain our best-in-class local journalism." In its most recent financial report, Tribune noted it had eliminated 360 positions in 2013 across the company, which also has a broadcasting division. The reductions came “primarily in publishing,” the company said.
Chicago Tribune Publisher Tony Hunter advised employees in a late-October memo that cost-cutting measures were afoot, Lynne Marek reported.
The Tribune Co. was said to be interested in selling its newspapers, which include The Hartford Courant, The Baltimore Sun and the Orlando Sentinel. It announced in July a plan to spin off its publishing assets as a separate company, plans it says are still in the works.