Hey, how about some more terrible news? The LA Times is laying off 75 people from editorial. "This is about 10% of our total staff and these cuts are comparable in scale to those made on the business side of The Times last week." Sigh. So soon after their redesign launch! Yes well innovation director Lee Abrams will probably have something innovative to say about all this, soon. This is not even the extent of the bad news.

See, over the weekend the FAS-FAX circulation numbers came out and basically everyone lost. Circ was down more than 5% for the LAT. Meanwhile, on our coast, the Newark Star-Ledger is slashing 40% of its newsroom staff. They are trying to sell the paper but no one wants it.

It is basically a bad time to enjoy getting a paycheck. Sadly, the Newspaper Industry is not too big to fail.

Send an email to Alex Pareene, the author of this post, at alexp@gawker.com.