Friday, April 17, 2009

Sun-Times parent cuts jobs to reduce payroll 15%

The Sun-Times Media Group cut an undisclosed number of jobs late this week as part of the newspaper company's effort to trim payroll costs by 15 percent, according to a memo obtained by the Chicago Tribune.

The layoffs occurred Thursday and Friday and affected non-union employees, the internal memo said.

Management, advertising and suburban newsrooms that don't belong to the newspaper guild felt the brunt of the cuts, according to people familiar with the layoffs.

"I will not mince words or sugarcoat decisions," Jeremy L. Halbreich, chairman of the board and interim CEO of the Chicago-based media company, said in the memo. "Everyone at [the Sun Times Media Group] is now fully aware that we are in a difficult fight for the future of our company and our newspaper publications are clearly at stake."

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