The San Diego Union-Tribune has laid off
about 200 112 of its employees, the newspaper tells us (A source had told us earlier that the company had cut 200 staffers). The mass layoffs come four months after private equity firm Platinum Equity — which is also reportedly trying to buy the Boston Globe — purchased the paper. Under Platinum Equity’s ownership, the paper had already laid off 192 employees in May, meaning it will have now eliminated a staggering 40 30 percent of staff since it took over. The paper will now have about 650 740 employees.
Union-Tribune management confirmed earlier in the afternoon that there were in fact new job cuts but would not say how many. The company is also announcing a new advertising initiative aimed at small businesses and additional hyper-local coverage plans. In an article on the Union-Tribune’s website, Publisher Ed Moss says