San Diego Union-Trib has space for sale

Voiceofsandiego.org reports that three floors of the San Diego Union-Tribune's five-story Mission Valley offices were posted available for rent Monday.
Following 192 layoffs in early May, the potential lease is the latest cost-saving move to come from new owners, Beverly Hills-based Platinum Equity, which bought the Union-Tribune in March.
The paper's staff shrunk 40 percent in the last three years, dropping from 1,422 employees in 2006 to 850 this year. Newspaper staff is expected to consolidate to the remaining floors.

Platinum Equity has also listed for sale office buildings that belonged to Copley Press Inc., the newspaper's former owner.

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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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