NY Daily News Slashes Editorial Staff By 50%

The New York Daily News layed off half it’s newsroom effective immediately – telling staff the iconic tabloid will “restructure”.

Among the gone is Editor-in-Chief Jim Rich.

Jim Rich @therealjimrich

If you hate democracy and think local governments should operate unchecked and in the dark, then today is a good day for you.

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The Daily News is owned by Tronc Inc., based in Chicago, which owns newspapers across the country including the Chicago Tribune, The Baltimore Sun, the Orlando Sentinel. The company last week sold The Los Angeles Times to a Chinese billionaire.