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Economy |
McClatchy Circling The Drain? |
2019-02-03 |
[POWERLINEBLOG] This morning, Craig Forman, CEO of McClatchy Company, emailed all staff to say about 10 percent of the newspaper chain’s employees would be offered voluntary buyouts. McClatchy publishes newspapers across the nation, including the Miami Herald, Kansas City Star, Idaho Statesman, Fresno Bee, and Charlotte Observer. Last August, the company cut about 3.5 percent of the staff, nearly 140 employees. |
Posted by:Fred |
#7 I'll say it again: Marketing 101: Make a product that people want to buy. |
Posted by: Tom 2019-02-03 14:53 |
#6 Glenn Miller and the music that won the war |
Posted by: 746 2019-02-03 10:29 |
#5 I saw a news item sometime last month that, on average, 1,000 jobs per month are being lost in the newspaper industry. Fine by me. |
Posted by: Raj 2019-02-03 08:37 |
#4 Yep P2k, the good music got passed on the way down the crapper that society has chosen. |
Posted by: AlanC 2019-02-03 08:27 |
#3 Don't forget their readership is literally dying off. Going the way of the Big Band sound. |
Posted by: Procopius2k 2019-02-03 08:11 |
#2 The San Diego Union Tribune has become LA Times South. The limit the number of times you can access the poorly written/poorly informed articles on the web, thereby preventing eyeballs on ads. An excellent revenue-limiting strategy |
Posted by: Frank G 2019-02-03 07:44 |
#1 Decline is probably due to all the Trump bashing editorials and cartoons they keep running. |
Posted by: Seeking Cure For Ignorance 2019-02-03 06:04 |