Here we go again…
The Chicago Tribune is eliminating about 80 editorial positions — roughly 14 percent of its newsroom staff — amid parent Tribune Company’s campaign to cut costs as revenues decline.
Employees were informed of the impending job cuts Tuesday afternoon. Two people familiar with the situation have confirmed the total to The Associated Press. They have requested anonymity because the company hasn’t made a formal announcement.
One of the people tells the AP that the goal in this round of cuts is to trim $8.8 million in salary and benefits.
Newsroom employees were told 55 or 60 layoffs will be made by the end of August. The other 20 positions already are vacant.