Romenesko Memos | LAT | Chicago Tribune | Reuters
Publisher
Scott Smith tells his staff: "We will reduce our planned expenses through a combination of lower newsprint prices, streamlining several aspects of our product mix and processes, and limited staff reductions." Staff reductions "will occur through a combination of involuntary position eliminations and a voluntary separation program." || Read the
Los Angeles Times and
Tribune stories on the cuts. ||
ALSO: Moody's cuts Tribune's debt deeper into junk.
