Oct 27, 2008

Giving 10 percent*

The Los Angeles Times will fire another 75 newsroom employees, about 10 percent of its editorial workforce, Kevin Roderick at LA Observed confirms. Here's the memo from Russ Stanton:


The growing economic downturn is forcing us to undergo another round of job reductions and cost cuts. I deeply regret to report that today, 75 of our friends, colleagues and capable staff members in Editorial will be told that they are losing their jobs. This is about 10% of our total staff and these cuts are comparable in scale to those made on the business side of The Times last week.

The severance terms being offered to our colleagues are similar to those offered in the other reductions we've faced this year.

I appreciate your patience, understanding and cooperation during this difficult period. Your department heads and the senior editing team, including John, Davan, Meredith and I, are available to hear your concerns and answer any questions.

Russ Stanton
Los Angeles Times
* UPDATE: Roderick has posted the names of some of those who have departed.

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