Chicago Tribune, L.A. Times to cut 250 jobs

CHICAGO TRIBUNE, LA TIMES TO CUT 250 JOBS
[SOURCE: Associated Press]
The Chicago Tribune and the Los Angeles Times disclosed plans Monday to reduce their staffs by as many as a combined 250 jobs. The actions by Tribune Co.'s two largest dailies, which had been expected for months, come on top of earlier cutbacks by both papers. The Times said it hoped to cut its staff of 2,625 by up to 150 employees, or around 5 percent. The Chicago Tribune said it intends to trim its staff by as many as 100, or 3 percent. In an e-mail to Chicago Tribune employees Monday afternoon, publisher Scott Smith said first-quarter revenue at the paper and its local affiliates was down 4% from the previous year.
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* Chicago Tribune aims to cut 100 jobs: report
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* Los Angeles Times to offer 150 staff buyouts
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