Monday, November 28, 2011

Chicago Sun-Times planning more lay-offs

As profits tumble and news content disappears, the Chicago Sun-Times bosses are planning to cut more editorial positions from the newspaper.

As many as six positions are being eyed for dismissal including two buyouts.

The Chicago Sun-Times has been misleading advertisers telling them they are on the "rebound" (not true) and that circulation is over 450,000. That is an outright lie. Imagine, a newspaper that has to lie to stay in business. And they point fingers at others? Pathetic!

The newspaper's circulation is about 215,000 daily, not including the suburban community newspapers the parent company owns. But the newspaper owners are pushing to increase repayment of their investments hoping that by the time the newspaper closes its doors, they will have recouped not only their investments but also an equal amount in profits.

And the editors do not care.

-- BT

No comments:

Post a Comment