Subscribe to your choice of industry specific newsletters, save $100 on conferences, search member directories, comment on stories and more. Free to qualified media, marketing and advertising professionals.
The Los Angeles Times eliminated 45 advertising jobs in a reorganization aimed at cutting costs and boosting profitability following the $6.8 billion acquisition of the newspaper by Chicago-based Tribune Co.
Advertising revenue growth slowed this year to 5 percent from 7 percent in 1999, the Times reported in Thursday editions. To reduce costs, the regional advertising division will be combined with the main advertising department.