Publisher Alan Leveritt said yesterday that about a third of the 41 people who work at the Times and the company's other publications will see temporary pay reductions of 4-7 percent starting next month. Lower paid employees were exempt from the cuts. The paper says it also recently laid off a receptionist and converted a full-time job on El Latino, its Spanish language weekly, to part-time.
Judge Caryl E. Delano has ruled in the CL CEO's favor, denying major creditor Atalaya's motions to take control of the company, Wayne Garcia of Creative Loafing (Tampa) reports from the courthouse. Though Eason will retain control, the judge is suggesting mediation for the two sides to come up with a mutually compatible reorganization plan instead of using the one put forth by Eason earlier in the bankruptcy proceedings.
"I had a great morning today," CityBeat publisher Will Swaim told L.A. Weekly on Friday. "I came to work and hurled in the 'executive bathroom,' brushed my teeth and made the announcement." Swaim and senior editor Matt Fleischer both say there hadn't been any chatter about the paper closing in the last few weeks, and there wasn't any discussion of making CityBeat biweekly or online-only. MORE: The Los Angeles Times says the paper's closure "will -- at least temporarily -- silence more critical voices on arts and entertainment in Los Angeles."
The federal bankruptcy judge overseeing the case is expected to rule by Tuesday of next week, according to Creative Loafing Tampa, which has posted PDFs of the closing arguments on its website.
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