Just because it’s not a surprise doesn’t make it less painful. Yesterday LA Times editor Russ Stanton sent a memo out to staff announcing that the paper intended to cut 250 jobs, including 150 new ones, by Labor Day. In addition, the paper intends to reduce the total amount of pages it publishes by 15%: Stanton says the number one reason people cancel the paper is because they say “they don’t have enough time to read the paper that we give them every day.”
You all know the paradox we find ourselves in: Thanks to the Internet, we have more readers for our great journalism than at any time in our history. But also thanks to the Internet, our advertisers have more choices, and we have less money.The “difficult and painful” changes are part of the larger measures Sam Zell’s Tribune company announced last month. Stanton’s full memo after the jump.
You all know the paradox we find ourselves in: Thanks to the Internet, we have more readers for our great journalism than at any time in our history. But also thanks to the Internet, our advertisers have more choices, and we have less money. Add to that a poor economy, particularly for us in the California housing market, and you quickly see why a wave of cutbacks has swept through newsrooms this year from New York to Santa Ana.
We are not immune. As David Hiller mentioned in his memo last week we are embarking on another round of cost cutting. I deeply regret to report we will be reducing the size of our editorial staff, both print and Web, by a total of 150 positions, and reducing the number of pages we publish each week, by about 15%.
These moves will be difficult and painful. But it is absolutely crucial that as we move through this process, we must maintain our ambition and our determination to produce the highest-quality journalism in print and online, every day.
Through all of our changes, we continue to give readers terrific coverage, whether it’s the continuing collapse of the housing market, public pools that have been taken over by gangs, or the controversy surrounding liver transplants at one of our most prestigious hospitals. We’ve provided insight into the historic presidential campaign, and we’ve delivered exclusive, on-the-scene looks at the brutal repression in Zimbabwe and the continuing war in Iraq. The future of The Times, in print and on the Web, depends on that kind of journalism — exclusive, original, excellent. We will not retreat from that commitment.
I don’t yet have all the details on the reductions to come, but we expect to complete these moves by Labor Day. We’ll provide more information, including the severance terms, as soon as we can. As part of this process, we will be combining the print and Web staffs into a single operation with a unified budget.
I appreciate your patience, understanding and cooperation during this difficult time. John, Davan and I, and the rest of the senior editing team, will be available to answer your questions. With more than 700 people, we will remain one of the largest and best newsrooms in the country. And we will continue to be a strong and formidable presence in the business we so dearly love.
Los Angeles Times