The company is looking to reduce editorial expenses by about $10 million and the cuts could amount to 80 positions, according to an executive from Tribune Publishing, which owns the L.A. Times and 10 other dailies.
The Tribune Publishing source said the Los Angeles paper likely would not be alone in making reductions. Other Tribune papers are expected to face cuts, too. It was unclear how the cuts would impact other Tribune properties.
“It’s the only way Jack will make his number,” the source said, alluding to financial goals Tribune CEO Jack Griffin has struggled to attain during an industry-wide downturn.
Davan Maharaj, the paper’s editor, had no comment.
The Tribune executive, who asked not to be identified, said the reductions would come initially via proposed buyouts.
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