Tribune Co. Job Cuts

According to this article on LATimes.com, Tribune Co., will be cutting about 2 percent of its staff, which comes out to 400-500 jobs being lost.

Of that number, 100-150 of those jobs being cut are at the LA Times, and the rest will be spread out across the company's other publications, including the Chicago Tribune, New York Newsday, the Orlando Sentinel, the Baltimore Sun and the Hartford Courant.

According to the New York Observer, Sam Zell, the Chief Executive of the Tribune Co., said in an e-mail that he would like to eventually add staff but that "Unfortunately, I can't turn this ship from its course of the past 10 years within just a few months."

I suppose he saw it coming...