Tribune Co. to slash jobs, citing economic woe

Tribune Company plans to cut 400-500 jobs, which is 2% of its workforce, mainly due to what most publishers called "economic problems" at a number of publications, including The Los Angeles Times, The Chicago Tribune, Newsday, The Orlando Sentinel, and The Baltimore Sun.

Tribune Company plans to cut 400-500 jobs, which is 2% of its workforce, mainly due to what most publishers called “economic problems” at a number of publications, including The Los Angeles Times, The Chicago Tribune, Newsday, The Orlando Sentinel, and The Baltimore Sun.

Samuel Zell tells the New York Times that the “weak economy and significant declines in advertising volume at our newspapers” have hurt cash flow.

David H. Hillard, publisher at the Times, explained to the New York Times that cuts would be made with attrition, voluntary buyouts, and layoffs.

Phil Rosenthal, Chicago Tribune media columnist, reports that management at individual Tribune Co. papers will decide on how reductions are to be achieved.

According to a Hartford Courant staff writer, Publisher Stephen D. Carver said he believes the reductions at The Courant – ten are expected to be from the newsroom - can be done without hurting the quality of the newspaper.

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