Another bad day at 1st and Spring *
This morning's email memo from editor Russ Stanton on layoffs in the Los Angeles Times newsroom:
From: Stanton, Russ
To: yyeditall
Sent: Mon Oct 27 08:31:50 2008
Subject: Newsroom job cuts
Colleagues,
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
Editor
Los Angeles Times
* Update: Veronique de Turenne finds out she's on the list. L.A. Now, Here in Malibu
9:39 AM Monday, October 27 2008
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