Tribune fires another top LA Times exec
Cory Bergman January 21st, 2008
The editor of the Los Angeles Times, James E. O’Shea, has been ousted for resisting newsroom job cuts. As most in the business know, this isn’t the first time this has happened. In fact, he’s the fourth top exec to leave the paper for the same reason in the last three years. “The departure of Mr. O’Shea appears to contradict statements by Samuel Zell, the Chicago real estate magnate who took over the company last month and is now its chairman and chief executive,” reports the NY Times. “Mr. Zell has criticized the previous regime of the financially troubled company for trying to improve the bottom line by cutting costs, and he has said that the path to profit lies in finding new revenue, not paring costs.” But is anyone surprised?
1 Comment Add your own
1. joe | January 21st, 2008 at 1:49 am
this is just incredibly sad. on one hand, it’s understandable Tribune must cut costs. but on the other, Tribune was very late to embrace the web, and so it’s hard not to blame the company for any missed opportunities.
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