Los Angeles Times to cut 500The Los Angeles Times said...

BUSINESS DIGEST

November 07, 1992

Los Angeles Times to cut 500

The Los Angeles Times said yesterday that it hopes to eliminate 500 workers next year through a voluntary severance program that will be offered to 70 percent of its work force. To cut costs in an advertising recession, the flagship of the Times Mirror Co. also said it is eliminating the San Diego County edition it has published for 14 years.

The severance program will be offered through Jan. 8 to 5,200 of its 7,500 full-time employees who have been with the newspaper at least a year. Workers who participate will receive up to two years of pay, depending on their length of service. The bTC newspaper said the current program will result in an undetermined charge against fourth-quarter earnings. Times Mirror also owns Newsday and New York Newsday, the Hartford Courant and the Baltimore Sun and Evening Sun.

Firm sued under disability act

The federal government has sued a securities firm under the Americans with Disabilities Act on behalf of an employee who was dismissed after the firm learned he has brain cancer.

The U.S. Equal Employment Opportunity Commission filed the lawsuit in Chicago Thursday on behalf of Charles Wessel, who said he was told to retire as executive director of AIC Securities Inc. in July.

John C. Hendrickson, a regional attorney with the EEOC, said it was the first lawsuit in the nation filed under the act, which took effect July 26.

Marriott to run Subway shops

Marriott meet Subway. For the first time, the Bethesda-based Marriott Corp. will begin to operate Subway Sandwich outlets under a new agreement, the two companies announced yesterday.

Subway Sandwiches operates 6,635 stores in the United Stateand 425 locations in 12 other countries. The number and value of Subway outlets that could be covered under the contract has not been determined, a spokesman for Marriott said.

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