Lee Enterprises, one of the largest newspaper chains in the country, has cut corporate overhead and added reporters to a few markets, according to the company’s new chairman, billionaire David Hoffmann. For the first time since he acquired a majority stake in Lee, Hoffmann spoke on an earnings call Thursday, sharing that the company is undergoing a “decisive transformation.” Along with a change in top leadership, the company has started to invest more resources in local coverage and is eyeing opportunities for expansion — a reversal from the past several years, which have been marked by local cuts. Hoffmann officially took control of Lee’s board in February after he and other investors contributed $50 million.…