L.A. Times announced staff cuts

Reuters reports that the Los Angeles Times will cut 75 positions, or roughly 10 percent, from its news staff.

It is the second round of news staff layoffs since a previous round was announced in July. The paper has offered buyouts and has cut back staff levels in its news operations from a high of some 1,200 a bit less than a decade ago.

Tribune Co., owner of the Times as well as many other papers across the country, is trying to cut costs to help repay an estimated $13 billion in debt that it has accrued.
Despite this, the article states that the company is looking into purchasing the Orange County Register of Orange County, California.

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