Posted on 10/05/2015 12:18:35 PM PDT by Rockitz
While it may be impossible to believe that an upstanding newspaper like The Los Angeles Times, a trusted and beloved publication that describes half-black men as “white supremacists,” is having financial troubles, the fact is that a bloodbath involving at least 10% of newsroom staffers is underway.
The Los Angeles Times staff will be reduced from 500 to around 450, and buyouts are being offered, but not really. There’s some severance and an additional amount that equals a week’s pay for every year of employment. This sounds like less of a buyout than a small incentive to avoid being laid off, which is what will happen if not enough people accept the so-called buyout.
The LA Times is owned by Tribune Publishing, which will be laying off 80 total employees.
Bottom line: The LA Times is doomed. Imagine a left-wing publication that is so poorly edited, so untrustworthy, and so useless, it can’t even survive in one of the most left-wing cities in America. Things are so bad, the paper’s last publisher didn’t even last a year.
(Excerpt) Read more at breitbart.com ...
A moment of silence for one of the finest Freepers ever, Raoul Deming.
http://www.freerepublic.com/focus/f-news/3000555/posts
LOL
I’m in.
Good.
la times....... no habla espanol
Two bits in 1960 would be worth two bucks in today’s money.
Maybe the USA should get bigger coins — like the Loonie and Toonie in Canada. (They are very popular here.)
They are soon to find out how truly great Obama’s economy really is. Couldn’t happen to nicer people.
That’s a start.
Maybe LA Times should offer free English classes to illegals to stimulate their desire to read. Like they can now
not that the la times matters.
even local news is often funneled through the NYC central info hub. All news is NYC news.
Ironic, how many of those laid off/fired newspaper idiots predicted Trump would be done by now...
I'd be surprised if they hadn't already outsourced their printing, and sold off their now-surplus, capital equipment.
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