200 Jobs To Be Cut At Chicago Sun-Times And Suburban Units
Aug. 09, 1994
CHICAGO (AP) _ American Publishing Co., the new owner of the Chicago Sun-Times, will cut 200 jobs at the daily and its suburban newspaper subsidiaries, the newspaper said Tuesday.
A total of 200 jobs will be cut at the Sun-Times, which employs 1,500, and at the Pioneer Press and Star Publications units, which employ about 500, in the next 12 to 24 months, spokeswoman Judith Horak said.
It was unclear how many editorial jobs would be cut, she said. Horak also said she did not have any other details about the job cuts.
The Sun-Times is the 11th largest U.S. daily newspaper.
American Publishing, a partially-owned subsidiary of Canadian publisher Hollinger Inc., also is considering a $50 million upgrade of the Sun-Times' printing capacity to allow the tabloid to print color advertisements. The press upgrade, if approved, would occur in the next three to five years.
American Publishing, based in West Frankfort, Ill., acquired the Sun-Times and its subsidiaries in March for $180 million from Adler & Shaykin, a private investment partnership.