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WTF Chicago Tribune?! Zell cutting into bone now

Discussion in 'Journalism topics only' started by Joe Williams, Apr 13, 2009.

  1. Joe Williams

    Joe Williams Well-Known Member

    From Crain's Chicago Business:

    Trib to pare newsroom 20%
    By: Ann Saphir April 13, 2009
    (Crain’s) — The Chicago Tribune plans to cut another 20% of its newsroom staff in yet another bid to reduce expenses amid continuing advertising declines.

    Staffers were told of the impending layoffs last week, according to three people who attended a meeting on the topic. The cuts will take place over the next several weeks, the sources said.

    The expected cuts are the latest attempt to reduce expenses at the paper, whose parent Tribune Co. filed for bankruptcy protection from creditors in December.

    A Trib spokeswoman declined to comment.

    The Trib has been adding some workers — including hiring a new spokeswoman — as it beefs up staffing in “emerging growth opportunities,” Publisher Tony Hunter told employees in an e-mail earlier this year.


    Nice to know they can afford a new spokeswoman even as they're whacking journalists.
  2. Small Town Guy

    Small Town Guy Well-Known Member

    Well spokesmen to explain layoffs is an emerging growth opportunity.
  3. Desk_dude

    Desk_dude Member

    It's pretty much Tribune wide. 20 percent cutbacks in newsrooms by the end of the year, with most by the next few weeks. Some papers have done a little trimming. The 20 percent includes anyone leaving for another job/retirement.
    Copy desk/design will take a greater hit because pages being picked up from Chicago.
  4. Sam Zell's balls need to be in the mouth of a shark right about now.
  5. Sly

    Sly Active Member

    Stop the charade. Just close it down already, Sam.
  6. playthrough

    playthrough Moderator Staff Member

    Crossthread: Exhibit A as to why things like ESPNChicago.com are created.
  7. Joe Williams

    Joe Williams Well-Known Member

    At least a commenter to the original Crain's story asks the obvious question: How will cutting the product by another 20% make more people, rather than fewer, want to buy it?

    Consumers aren't that stupid. Pilot tries to pull out of death spiral by accelerating and pointing the nose down. Good luck with that.
  8. slappy4428

    slappy4428 Active Member

    Sad but true analogy...
  9. RickStain

    RickStain Well-Known Member

    Owners and execs know this isn't the kind of death spiral you pull out of (is there such a thing?).

    They are buying time and nothing more. Hoping for a either a miracle or to squeeze a few last dollars out of the companies in the next few year.

    They aren't really trying to save things, because they know it's futile.
  10. The Granny

    The Granny Guest

    This truly makes me sick to my stomach.
  11. hwkcrz1

    hwkcrz1 Member

    This is horrible in every way
  12. Mark2010

    Mark2010 Active Member

    Just another day in the shithouse. guess the recession isn't over yet, despite what cnbc might say. so I'm going back to hide in my hole.
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