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Feb 13 2008 12:54PM EST

Job Cuts Shatter Groovy Mood at Tribune

Sam Zell, you shameless cad, stop toying with your employees' emotions!

No sooner had the new Tribune Co. owner completed his charm offensive -- a whirlwind, profanity-laced tour of newsrooms that was such a success, it left some staffers a little too eager to emulate their new boss -- than the pain started.

Today, Tribune announced it would slim its workforce by 2 percent, or up to 500 jobs. A large proportion of the positions eliminated -- between 100 and 150 -- will be at the Los Angeles Times -- which, as you may have read, is undergoing a wee crisis of editorial leadership to boot.

Oh, and Zell also had to break it to his adoring minions that Tribune's former management axed a profit-sharing plan on their way out the door, and he can't afford to bring it back just now.


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