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Jul 1, 2009

At least 250 biz journalism jobs lost this year

In a new SABEW post, Chris Roush tallies that at least 250 business journalism jobs have been lost in 2009 so far.
Included in the list of business publications that made staff cuts already this year is Bloomberg, the Seattle Post-Intelligencer, the Chicago Tribune and the San Diego Union-Tribune.
From the article:
"During the first six months of the year, more than 250 business journalists lost their jobs due to media closings, layoffs or newsroom buyouts, according to an analysis of the industry by the Carolina Business News Initiative at the University of North Carolina at Chapel Hill."

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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."
For more click here.

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