Romenesko

Herald-Tribune
The New York Times-owned Herald-Tribune is consolidating four of its regional offices and revamping its features section -- moves that the paper says will result in an unspecified number of layoffs. "The local economy is sure to recover, enabling advertisers to again increase their advertising spending," says publisher Diane McFarlin. "However, we must continue to adapt our business model in response to the growing reliance on new media."