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112 jobs cut at San Diego newspaper


The San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay.  Union-Tribune reported on Thursday that 112 jobs were being cut at the newspaper, just months after its new owner laid off nearly 200 employees.

The California newspaper said the latest round of job cuts was part of an initiative that included new editorial and advertising offerings and a redesign of the company's website, SignOnSanDiego.com.

The Union-Tribune was purchased in May by Beverly Hills Beverly Hills, city (1990 pop. 31,971), Los Angeles co., S Calif., completely surrounded by the city of Los Angeles; inc. 1914. The largely residential city is home to many motion-picture and television personalities.  investment firm Platinum Equity Platinum Equity is an American information technology and private equity firm. It was founded by billionaire Tom Gores in 1995 and is headquartered in Beverly Hills, California.  from longtime owner The Copley Press Copley Press is a privately held newspaper business, originally founded in Illinois, but now based in La Jolla, California. As of 2007, it publishes 2 daily, 1 weekly, and 1 bi-weekly newspaper. It was formerly the owner of KCOP Television in Los Angeles. .

A total of 192 Union-Tribune employees were let go within days of the purchase, leaving the company with 850 employees.

The Union-Tribune said it would offer a new advertising program for small businesses at lower rates and an editorial effort that will produce more local coverage of targeted communities.

"These are just a few things we have in mind to help us strengthen our relationship with the San Diego community and with our advertisers and readers," Union-Tribune publisher Ed Moss was quoted as saying.

Like other US newspapers, the Union-Tribune has been struggling with a steep decline in print advertising revenue, falling circulation and the migration of readers to free news online.

Platinum Equity is among the companies reportedly interested in purchasing the Boston Globe, which The New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Times Co. is seeking to sell.
Copyright 2009 AFP Global Edition
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Author:AFP
Publication:AFP Global Edition
Date:Aug 13, 2009
Words:211
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