Cuts at The Los Angeles Times

After the Chandler family sold the LA Times to the Chicago Tribune, a stream of editors left rather than making draconian cuts in staff and coverage. The cuts happened anyway. Then came Sam Zell, who said he didn’t plan any more cuts, but who has to service the massive debt he ran up to buy all the Tribune properties. And there’s the Internet. The current editor, Russ Stanton, says it’s a “paradox” that the Internet has provided more readers than ever before, but that advertising rates leave the paper with less money.  Now another round of cuts is in store, including 150 in the newsroom, which has dropped from 1300 employees down to about 700. And these won’t be buyouts, but layoffs.