OC Register co-owner Aaron Kushner explains lay off reports

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Yesterday we told you about dozens of journalists accepting voluntary buyouts at the Orange County Register and cost-cutting measures that could mean as many as 350 employees would be laid off. An interesting part of the story is, it came from cross-town rival, The Los Angeles Times.

Penny and Phil got another version of the story from Orange County Register co-owner Aaron Kushner:

Aaron Kushner, publisher of The Orange County Register, pauses for photos in his office in Santa Ana, Calif., Thursday, Dec. 27, 2012. (AP Photo/Jae C. Hong)

Aaron Kushner, publisher of The Orange County Register, pauses for photos in his office in Santa Ana, Calif., Thursday, Dec. 27, 2012. (AP Photo/Jae C. Hong)

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