Chicago Tribune Planning Another 20 Percent Cut in Newsroom Staff
Tuesday April 14, 2009
The Chicago Tribune plans to cut another 20 percent of its newsroom staff in an effort to reduce costs, Crain's Chicago Business reports.
But while journalists are being let go, the Trib has hired a new spokeswoman. She had no comment on the cuts, which will be made in the next several weeks.
Trib columnist Phil Rosenthal reported that the paper's ad revenue is off more than 20 percent so far in 2009, and the company's bigwigs are operating on the assumption that will not change this year.
The Tribune Co. filed for bankruptcy protection from creditors in December 2008.
Comments
Jct: Too bad they don’t sell ads for Chicago Community Currency they could use to pay for more employees. Oh, too bad, Chicago doesn’t have an alternative currency yet. Still, it would be a great way to run a daily LETS noticeboard in the Want Ads section that could earn even more ad money. Oh, too bad, no one has started a local currency yet. The newspaper could offer on online LETS time-trading database but I’d guess they’d prefer waiting for the day when more federal money shows up. See my http://youtube.com/kingofthepaupers channel for more info on operating a Chicago timebank noticeboard.