Tribune Media Company To Lay Off 700 Employees

The company owns seven daily newspapers including the Chicago Tribune and the Los Angeles Times. The company says the cuts will mostly affect the publishing side of the business ? not editorial staff. The company says it's part of an ongoing effort to consolidate its business.

Source: http://www.npr.org/2013/11/21/246492062/business-news?ft=1&f=1020

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