October 7, 2008
Newspaper death spiral accelerates
The Los Angeles Times, already significantly downsized, is planning to cut up to another 75 editorial positions. Kevin Roderick reports:
Newsroom staffers are being told today individually and in department meetings that as many as 75 editorial positions are being cut through voluntary departures and layoffs. Some staffers were approached last week about volunteering, "enticed" with the threat that this will be the absolute final time that editorial employees will receive two weeks severance pay for each year of service when they leave.
More and more unemployed left wing journalists are joining the sans culottes. History teaches us that unemployed intellectuals are fodder for revolutionary movements.
Hat tip: Susan L.