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May 7, 2009

192 positions eliminated at San Diego Union-Tribune

The new owner of the The San Diego Union-Tribune cut 192 jobs at the paper just three days after the acquisition was completed. A Beverly Hills based private equity firm, Platinum Equity, purchased the paper from Copley Press Inc.
Employees were given termination notices, effective July 6, on Thursday. Cuts were made in several departments, including the newsroom. The company assured employees they will receive "transition assistance and termination benefits."
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