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.
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.
View the story here.
Labels: Copley Press Inc., real estate, sale, San Diego Union Tribune, Voice of San Diego
posted by Stephanie Riel at
7/08/2009 04:02:00 PM
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