LA Times to cut more positions by March

Posted by Erina Lin on January 21, 2009 at 12:18 PM

The Los Angeles Times, the fourth largest circulated U.S. paper, intends to eliminate more jobs by March to slash costs, according to a letter to the union, Bloomberg reported.

"Time is of the essence and the company intends to implement the cutbacks no later than March 15," according to Russ Newton, senior vice president of operations, in the letter. "The pressroom will be impacted by this decision."

The Los Angeles Times, owned by bankrupted Tribune Co., laid off 235 workers in July and August and another 75 in October 2008, Bloomberg reported.

"We are always seeking ways to operate more efficiently," said Los Angeles Times spokeswoman Nancy Sullivan. She refused to reveal the number of jobs that will be eliminated.