Sam Zell To Slash LA Times Staff
Oct. 27 2008, Published 7:07 a.m. ET
HOLDING TIGHT Zell Sam Zell, the 52nd-richest man in America and the sometimes-fun crazy man who owns Tribune Company (in partnership with his employees, except they don't have much say!), has introduced an exciting new metric in evaluating newspaper performance. The company's C.O.O. announced yesterday that they had begun to measure journalist's output in pages produced per year. Reporters at the Los Angeles Times, he told analysts, produce on average 51 pages a year. Why, that's just one page a week. So! I hear that layoffs in the LA Times editorial department will number around 120. This comes after last year's buyouts, which took the editorial staff down to about 850 people.
- Tragic One Direction Singer Liam Payne Dead Aged 31 After Horror Hotel Balcony Plunge: Celeb Tributes Pour In as Images Emerge of Smashed Up Hotel Room Strewn With White Powder and 'Drugs Foil'
- Family of Menendez Brothers Beg for Convicted Killers' Freedom in Press Conference Three Decades After Brutal Murders: 'They Were Failed By Their Parents!'
- BREAKING: Jailed 'Sex Beast' Sean 'Diddy' Combs Hit With Another Wave of Horrific Lawsuits — Rapper Accused of Drugging, Raping, Sodomizing and Threatening to Murder Multiple New Victims
DAILY. BREAKING. CELEBRITY NEWS. ALL FREE.