Bio • Email • Archive
 

Layoffs at Ventura County Star

Seven jobs were cut, which may not seem like a lot but it’s the first time the company has had to lay off anyone. The positions were in operations and production, circulation and accounting. Publisher George H. Cogswell III said the objective is to reduce costs without taking away from editorial and advertising (the paper is budgeted for 350 positions). Last year, advertising was down 15 percent, with real estate, want ads and automotive listings are taking the biggest hits. "I don't think we've seen the bottom yet," Cogswell said in a story about the layoffs. "We need to prepare ourselves. Things could get worse before they get better."


More by Mark Lacter:
Barry Diller's many paychecks
Say hello to the marijuana vending machine - and it's made in California
Good tip for job candidates: Always ask questions
Former Calpers CEO charged with fraud*
The Walmart story that everyone is talking about
Recent stories on LA Observed:
Barry Diller's many paychecks
Say hello to the marijuana vending machine - and it's made in California
Good tip for job candidates: Always ask questions
Former Calpers CEO charged with fraud*
The Walmart story that everyone is talking about

New at LA Observed
Follow us on Twitter

On the Media Page
Go to Media
On the Politics Page
Go to Politics

LA Biz Observed
Arts and culture

Sign up for daily email from LA Observed

Enter your email address:

Delivered by FeedBurner


Advertisement
LA Observed on Twitter and Facebook