Tribune&#39;s Hoy cutting its staff by 20 percent
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CHICAGO -- Spanish-language daily Hoy -- owned by the Tribune Co. -- said on Thursday it is reducing its staff by 20 percent across the company.
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Telecommunications gear maker Alcatel-Lucent  could cut more than 20 percent of its world-wide staff, L'Expansion weekly said on Tuesday on its Website, citing industry sources.
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US Airways UAIRQ.OB plans to cut  its executive payroll by 20 percent, reducing pay and benefits  for its 3,000 managers and eliminating positions, The  Washington Post reported on Wednesday.
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Telecommunications gear maker  Alcatel-Lucent  could cut more than 20 percent of its  world-wide staff, L'Expansion weekly said on Tuesday on its  Website, citing industry sources.
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he Tribune Company said yesterday that two of its newspapers, Newsday and the Spanish-language daily Hoy, had overstated their average circulation figures by even more than the company
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The company cuts its 2004 earnings outlook by 20%, citing many reasons.
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Tribune Co.'s TRB.N Hoy newspaper,  one of several U.S. papers caught up in a circulation scandal,  overstated circulation at its New York edition by more than 46  percent last year, an industry monitoring group said on  Tuesday.
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The publisher of PC Magazine announced Monday that it would reclassify about 20 percent of its circulation from paid to non-paid as a result of an audit by the Audit Bureau of Circulations, a publishing industry group.
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Palm laid off about 10 percent of its work force this week to cut expenses, according to a person familiar with the situation.
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- Tribune Co.  said shareholders tendered almost twice as many shares than what the media company sought to repurchase as part of a $8.2 billion deal to go private.
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The Chicago-based media giant plans to turn Hoy, its Spanish-language daily, into a free newspaper in two of the three cities where it is sold, executives said Wednesday.
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NEW YORK (CBS.MW) - Goldman Sachs downgraded Tribune Co. Friday, saying the media company&#39;s circulation woes will soon translate into lower advertising revenue.
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The parent Tribune Co. admitted the paper&#39;s circulation not only was below its previously lowered level, but also falls below the level later guaranteed to advertisers.
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Tribune Co. said yesterday that it would sell Hoy New York, a free Spanish-language newspaper with a daily circulation of about 56,000, to ImpreMedia, the owner of New York's El Diario La Prensa, the nation's oldest Spanish-language newspaper.
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Will the Tribune Company fire the publisher and editor at its biggest property and thereby risk a full-scale revolt?
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_ Newsday is cutting as many as 100 jobs through voluntary and non-voluntary buyouts, the Long Island newspaper&#39;s publisher said Thursday.
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Its rate cut of 3/4 of a point is the largest in at least 20 years.