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LA Times to Cut 250 jobs, including 150 News Jobs

Article Link   115 Views   9 Visits   By PhireHawk on Jul 08 2008, 1:28 pm
freepress.net - The Los Angeles Times plans to cut 250 positions, including 150 jobs in the print and online news departments, amid a continuing industrywide slump in ad sales, the paper's editor said Wednesday.

The decline in advertising, fueled by a weak real estate market, has boosted the copy-to-ads ratio above the industry target of 50-50, giving readers more stories than they can digest, while the paper competes for attention with the Internet and TV, editor Russ Stanton said.

As a result, the paper will undergo a makeover by the fall that will cut pages by 15 percent per week, eliminate some sections and trim story length, Stanton said.

"The number one reason that people cancel the L.A. Times is, they tell us, they don't have enough time to read the paper that we give them every day," Stanton said. "We're going to be more picky about the stories we choose to write long and a lot more picky about the ones we write shorter."
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