LA Times To Cut 5% Of Its Workforce

The Los Angeles Times is expected to announce a plan Monday to cut slightly more than 5% of its workforce, or about 150 jobs, as profits at the newspaper and its Chicago-based parent company, continued to slide in the first quarter.

Executives at the paper said they expect most of the cuts--including nearly 70 positions in The Times' newsroom--to come through voluntary buyouts. After the reductions, the newspaper will have a total of about 2,625 employees. Its news staff will drop to about 870, from 940. Job reductions have been widely anticipated since last fall, when Publisher Jeffrey M. Johnson and Editor Dean Baquet resisted cuts in the editorial staff demanded by parent Tribune Co. Both executives left the paper in the highly-publicized dispute.

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