New Owners of San Diego Paper Quickly Axe 192 Jobs

RSS
Follow by Email
Facebook
Facebook
Twitter
Visit Us
LinkedIn

By: E&P Staff

The San Diego Union-Tribune, under new owners now, conducted layoffs in all departments Thursday.

The move came just three days after Platinum Equity completed its purchase of the paper from the Copley Press Inc.

Here’s how the U-T itself described it.
*

A total of 192 positions will be eliminated, effective July 6, the company said in a statement. Senior managers told the affected employees Thursday in meetings organized by department. The company said employees will receive transition assistance and termination benefits.

The number of cuts in each department, including the newsroom, were not disclosed.

The 60-day notice is required under federal law for a company the size of the Union-Tribune when conducting more than 50 layoffs.

?These are tough times for the entire newspaper industry, and a time of transition for the Union-Tribune,? said Drew Schlosberg, the company’s director of community and public relations. ?Any decision to reduce staff is difficult.

?We will be working diligently to make the transition for those affected as easy as possible. ?

The company, which has had several rounds of buyouts and layoffs in recent years, will have about about 850 employees once the staff cuts become effective.

Leave a Reply

Your email address will not be published. Required fields are marked *