More Layoffs at San Diego Union Tribune

Image by Getty Images via @daylife

The bleeding continues at The San Diego Union Tribune, where up to 40 editorial staffers were pink-slipped this week, according to a report by NBC.

Reporters, feature writers, and web editors were among those axed as a cost-savings measure to offset shrinking ad revenues.  Since it acquired the Union Tribune last year, investment firm Platinum Equity has slashed nearly 300 jobs off the newspaper's payroll (see "TUOL" post 8/13/09).

According to the NBC story, management has created junior staff writer positions that pay between $30,000-$35,000 to generate news content. The Union Tribune would not confirm the latest round of staff layoffs.