Monday, April 28, 2008
Orange County Register to Cut 80 to 90 Jobs
Mark Lacter has the scoop on downsizing at the Orange County Register, and according to Mark, this is the third round of downsizing within a year at the newspaper.
The Orange County Register is not alone, the Los Angeles Times has downsized twice within the past twelve months as well, with circulation numbers down at most major newspapers, many newspapers have begun outsourcing their production to trim costs further.
Beginning in June of this year the Wall Street Journal and Barron's will be produced at the Los Angeles Times Olympic Facility, located at 8th Street and Alameda in the produce area of downtown Los Angeles. And according to reliable sources, that requested to remain anonymous, the Los Angeles Times may also produce the New York Times sometime soon.
As I scanned my San Gabriel Valley Tribune this morning, I can only ponder when the publication begins publishing four days per week for the lack of advertising, or out sources their production to an independent printer or to the Southern California version of Transcontinental, the Los Angeles Times?
2008 will prove to be a year no one in the newspaper industry will soon forget, as some newspapers fall to the wayside, and a few major publications remain and flourish as the economy regains strength.
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