Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

'L.A.Times' Closes Plant, Cuts Another 110 Jobs (MSM sinking?)
Editor and Publisher ^ | 12/05/05 | Associated Press

Posted on 12/05/2005 8:20:11 PM PST by HonduGOP

'L.A.Times' Closes Plant, Cuts Another 110 Jobs

Published: December 05, 2005 9:30 PM ET

LOS ANGELES The Los Angeles Times said on Monday it is consolidating production at three facilities in downtown Los Angeles, and will close its Chatsworth plant, resulting in 110 job cuts.

The daily newspaper, owned by the Tribune Co., said it hopes to cut as many jobs as possible through voluntary separation packages.

``We deeply regret the impact this consolidation will have on employees, but the reality is that The Times has invested $500 million to modernize and build new facilities and expand color capacity since the Chatsworth plant became operational in 1983,'' Mark H. Kurtich, senior vice president of operations said in a prepared statement.

Consolidation in the newspaper's production facilities is expected to be completed in the first quarter of 2006, after which time the company will begin to sell the 250,000 square-foot Chatsworth facility.

Shares of Tribune Co., which have traded between $30.64 and $43.41 over the last year, lost 2 cents in after-hours trading after closing down 53 cents at $30.86 on the New York Stock Exchange


TOPICS: News/Current Events
KEYWORDS: dinosaur; latimes; layoffs; liberalmedia; news; oldmedia
Navigation: use the links below to view more comments.
first 1-2021-4041-56 next last
Hmm, it must be Bush's fault! Joy to my heart seeing that the LA Times is going through hard times. I wonder what they are thinking on the Old York Times...
1 posted on 12/05/2005 8:20:12 PM PST by HonduGOP
[ Post Reply | Private Reply | View Replies]

To: HonduGOP

Joy to the World!


2 posted on 12/05/2005 8:21:23 PM PST by clee1 (We use 43 muscles to frown, 17 to smile, and 2 to pull a trigger. I'm lazy and I'm tired of smiling.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: HonduGOP; All

Must be Karl Rove fault LOL!

Or Chicago Cubs fault since Cubs hasn't been to world series since 1945 LOL!!


3 posted on 12/05/2005 8:21:49 PM PST by SevenofNine ("Not everybody in, it, for truth, justice, and the American way,"= Det Lennie Briscoe)
[ Post Reply | Private Reply | To 1 | View Replies]

To: HonduGOP

I hate feeling so good about someone else's misery. The Germans have a word for it.


4 posted on 12/05/2005 8:22:15 PM PST by DuckFan4ever (Rush is the man!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: clee1

Torpedos in the water, Torpedos running Hot!!


5 posted on 12/05/2005 8:24:06 PM PST by ExcursionGuy84 ("Jesus, Your Love takes my breath away.")
[ Post Reply | Private Reply | To 2 | View Replies]

To: HonduGOP
All hail the Lusitania Times glug glug!!!
6 posted on 12/05/2005 8:25:03 PM PST by SandRat (Duty, Honor, Country. What else needs to be said?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: HonduGOP
Blast! Moveon.org's petition must not be working! This is an outrage! Why is the L.A. times not listening to moveon, and instead acting in its own best interests? It's as if they're in business for themselves or something?

*waits for moveon to announce a boycott*

7 posted on 12/05/2005 8:25:13 PM PST by Gordongekko909 (I know. Let's cut his WHOLE BODY off.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: HonduGOP
"In the frozen wastes of Nador, they were forced to eat Sir Robin's minstrels; and there was much rejoicing."

The Trib's gotta pay the gas bill in Chicago this winter (current temperature, 10 degrees F.).

8 posted on 12/05/2005 8:25:22 PM PST by pierrem15
[ Post Reply | Private Reply | To 1 | View Replies]

To: HonduGOP

See, there IS good news from the AP!


9 posted on 12/05/2005 8:26:24 PM PST by Navy Patriot
[ Post Reply | Private Reply | To 1 | View Replies]

To: DuckFan4ever

Schadenfreude.


10 posted on 12/05/2005 8:27:17 PM PST by Killborn (Pres. Bush isn't Pres. Reagan. Then again, Pres. Regan isn't Pres. Washington. God bless them all.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: HonduGOP

But the editors and managers keep their jobs, I bet. Funny, and I mean funny ha ha, how the economy is moving along nicely but the dinosaur media keeps shrinking.


11 posted on 12/05/2005 8:28:12 PM PST by AD from SpringBay (We have the government we allow and deserve.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: clee1

'Tis the Season to be Jolly, Tra La La La La La Laaaaa...

I still say the Times makes a good fireplace starter.

Other than that...


12 posted on 12/05/2005 8:34:13 PM PST by DoughtyOne (MSM: Public support for war waining. 403/3 House vote against pullout vaporizes another lie.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: HonduGOP
"Joy to my heart seeing that the LA Times is going through hard times."

Yeap ~ may they forever ...

13 posted on 12/05/2005 8:37:43 PM PST by Zacs Mom (Proud wife of a Marine! ... and purveyor of "rampant, unedited dialogue")
[ Post Reply | Private Reply | To 1 | View Replies]

To: AD from SpringBay

"...dinosaur media keeps shrinking."

Yup. And internet ad revenue keeps rising, while nearly everyone agrees that newsprint ads are biggest waste of money anywhere.

My company sunk about $250k on them...and got NADA!!


14 posted on 12/05/2005 8:38:05 PM PST by Wiseghy (Discontent is the want of self-reliance: it is infirmity of will. – Ralph Waldo Emerson)
[ Post Reply | Private Reply | To 11 | View Replies]

To: HonduGOP

Yep, and they don't even get a Christmas severance package because there is no longer any Christmas in their eyes.

BWAAAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!!!!!


15 posted on 12/05/2005 8:40:12 PM PST by CommandoFrank (Peer into the depths of hell and there you will find the face of Islam...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: HonduGOP

I kinda' regret this.
I want the lefties kept in their ghettoes of journalism.
They might do more damage, roaming the world and pretending to be
normal human beings.


16 posted on 12/05/2005 8:42:05 PM PST by VOA
[ Post Reply | Private Reply | To 1 | View Replies]

To: HonduGOP

You've got to feel sorry for the L.A. Times. How many of the people in Los Angeles either a) don't understand English b) can't read c) don't care for the politics of the Times or d) aren't native to California and don't particularly care about California?

Seriously, a dead medium in a state with more vanity than sanity. You're history, sweetheart. Best to find some rich old man to take care of you or you'll end up like Maureen Dowd - worthless and unwanted.


17 posted on 12/05/2005 8:42:56 PM PST by Tall_Texan (HOUSTON ASTROS - NATIONAL LEAGUE CHAMPIONS 2005)
[ Post Reply | Private Reply | To 1 | View Replies]

To: DoughtyOne

I MIGHT allow it to line my birdcage; but NO WAY will I allow it to wrap my fish.


18 posted on 12/05/2005 8:43:36 PM PST by clee1 (We use 43 muscles to frown, 17 to smile, and 2 to pull a trigger. I'm lazy and I'm tired of smiling.)
[ Post Reply | Private Reply | To 12 | View Replies]

To: HonduGOP
Tribune Company versus the DJI, for the past year. Closing in on -30% versus last year and -30% off the Dow Jones Industial average today.

Chart

Splits:16-Jan-97 [2:1], 10-Sep-99 [2:1]

19 posted on 12/05/2005 8:50:47 PM PST by Zuben Elgenubi
[ Post Reply | Private Reply | To 1 | View Replies]

To: clee1

Bit of Irony here. The downtown plant is located where the Japanese Flower and Fruit Mart was till Roosevelt shipped off all their suppliers to summer camp. One may argue that the Chandlers (the owners at the time) were Republican. Trust me at that level of wealth, there are no parties. (The preceding makes no sense, but great for Trivia)


20 posted on 12/05/2005 8:51:22 PM PST by investigateworld (Abortion stops a beating heart)
[ Post Reply | Private Reply | To 18 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-56 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson