Wednesday, September 17, 2008

McClatchy Wields Newsroom Axe Again

Nobody likes a LIAR!

"McClatchy plans to trim an additional 1,150 jobs

The McClatchy newspaper company disclosed its second major round of job cuts and blamed a sour advertising environment for having to trim its payroll 10 percent. McClatchy Co., owner of The Miami Herald, said it expects half of the 1,150 new reductions to come through voluntary buyouts and attrition, with the rest through layoffs. The company said the cuts and other initiatives would save $100 million over the next year, not including severance costs of about $20 million. In June, McClatchy said it would lay off 1,400 full-time workers (AP)."

You would think the AmeriKan MSM would learn, but they have ONLY GOTTEN WORSE!!!