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Folks, It’s Getting Real Serious Out There – Gannett To Fire Another 10%; LA Times Cuts Newsroom by Another 10%, Christian Science Monitor To Go Weekly, And NYT Executive Editor Bill Keller Flies Economy Class!
Philip M. Stone October 29, 2008
With many newspaper companies having seen their share prices fall to single digits before Tuesday’s big rise on Wall Street, with the ratings agencies pushing newspaper debt further and further into junk, America’s major newspaper companies are getting serious, real serious, about downsizing even more than they have.
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