192 Jobs Cut At San Diego Union-Tribune
The San Diego Union-Tribune announced a massive round of layoffs yesterday, according to the newspaper’s website SignonSanDiego.com:
The move comes three days after Platinum Equity, a Beverly Hills private equity firm, completed its acquisition of the paper from its longtime owner, the Copley Press Inc.
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.
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