Thursday, May 7, 2009

Union-Tribune cuts 192 positions

The San Diego Union-Tribune conducted a round of layoffs in all departments Thursday, the latest in a series of staff reductions the newspaper and its counterparts across the country have taken in recent years.

The move comes three days after Platinum Equity, a Beverly Hills private equity firm, completed its acquisition of the paper from its longtime owner, the Copley Press Inc.

A total of 192 positions will be eliminated, effective July 6, the company said in a statement. Senior managers told the affected employees Thursday in meetings organized by department. The company said employees will receive transition assistance and termination benefits.

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