San Diego Union-Tribune to ax 112 jobs in latest round of cuts since new ownership

San Diego Union-Tribune announces 112 job cuts

SAN DIEGO — The San Diego Union-Tribune reports that 112 jobs are being cut at the newspaper, the second round of major layoffs since an ownership change in May.

Wednesday’s cuts follow the elimination of 192 positions three months ago, when Beverly Hills-based investment firm Platinum Equity bought the city’s dominant newspaper from longtime owner The Copley Press.

The newspaper did not say how many positions it currently has. In May, it said the round of layoffs announced then would leave the newspaper with 850 employees.

The newspaper says it is focusing more on local community news and launching what it calls a “micro-zoning” initiative for small businesses to advertise at lower rates.

Information from: The San Diego Union-Tribune, www.signonsandiego.com