Painful cuts loom at Tribune Co.
Perhaps someone decided to take Hersh’s advice to heart, because Robert Feder reports the Tribune Company has ordered executives to somehow magically make $100 million in budget cuts. This is the nation’s second largest newspaper publisher we’re speaking of here--the one that publishes the Chicago Tribune, Los Angeles Times, Orlando Sentinel, Sun-Sentinel and the Baltimore Sun, among others. As if that weren’t bad enough, Feder brought it home with this tweet: “The $100 million in Tribune Co. cuts will affect all areas of publishing, including the newsrooms.”
Reactions were universally depressed. “My employer. Oy,” tweeted Ashley Powers with the LA Times. “I may puke,” decided Chris Krewson with THR.com. The weight of the news inspired several one-word reactions: “Oof,” said Time Out Chicago’s Kris Vire. “Ouch,” groaned Sarasota Herald-Tribune’s Robert Eckhart. “Damn,” responded Minneapolis StarTribune’s La Velle Neal. “Maybe fire the consulting firm first?” offered freelancer Maura Johnston, helpfully. We’ll second that suggestion.
(Image: Tired of Budget Cuts via Shutterstock)