Los Angeles Times to Cut About 150 Jobs

http://money.excite.com/jsp/nw/nwdt_rt_top.jsp?news_id=ap-d8oku0j00&

Los Angeles Times to Cut About 150 Jobs

Saturday April 21, 5:57 AM EDT

LOS ANGELES (AP) — About 150 jobs at the Los Angeles Times are expected to be cut next week amid a recent earnings report from parent Tribune Co. that show slumping revenue, the newspaper reported.

The cuts, expected to be announced Monday, would constitute more than 5 percent of the work force and include 70 newsroom positions, unnamed Los Angeles Times executives said Friday in a story posted on the newspaper's Web site.

Newspaper executives believe many of the cuts will come through voluntary buyouts.

After the reductions, the newspaper will have about 2,625 employees. Its news staff will drop from 940 to 870, the newspaper said.

An after-hours call to a newspaper spokeswoman was not immediately returned Friday.

Budget cuts had been anticipated since November, when editor Dean Baquet was forced to resign. Baquet had defied the Tribune Co. by refusing to cut newsroom jobs.

FULL story at link.

They are so RIGHT leaning they are about to fall over anyway.