Fri 29 Feb 2008
The carnage continues in the newspaper sector as a major sea change continues to grip the industry. Look for more staff cuts and closures as old media grapples with trying to figure out how to re-invent their business. Many of these papers are run by individuals who are out of touch with the community, new technology and demographic trends. These are the “know-it alls†that will continue to drive their businesses into the ground. Newspapers are today’s buggy whip business!  Â
The Los Angeles Daily News laid off 22 newsroom employees Friday amid a national and statewide squeeze on the newspaper industry. The layoffs of reporters, photographers, editors and library and clerical staff at the 150,000-circulation newspaper will trim newsroom staffing to 100. About three to five employees in advertising and circulation also were to be laid off reports the Daily News.
The job eliminations are occurring at the same time as other newspapers, including the Los Angeles Times, New York Times and Orange County Register among many others are reducing editorial and other staff. “It’s a tough day for us,” said Douglas E. Hanes, publisher of the daily newspaper owned by MediaNews Group, which is owned by Dean Singleton and is the nation’s fourth largest newspaper chain with 57 dailies.“The reason for today is we, like the industry, have suffered greatly in the downward spiraling of revenue to the point where it was necessary to make those expense adjustments.”Hanes said cost-savings already have been realized in non-editorial departments through consolidation, and local retail advertising sales have begun to climb significantly. Read it here: LA Daily News lays off 22 newsroom employees Â
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