Quote:
Originally Posted by Sly
New York Times just laid off 100 people. Does that $7 million make up for lost revenues elsewhere?
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I'm sure... being a newspaper.
Lots of companies replace incomes streams and fire off big parts of staff that aren't needed anymore.
Less , printing people needed, editors, research time, journalists in general, helpers of all types, delivery people, mail volume drops, marketing/sales teams can be reduced, outsourced labor more, so much really.
They probably don't make near the gross they once did, but I bet they cut the fat now like never before too.