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Technology Stocks : Media Stocks--Newspaper, TV, Radio, etc.

NYT 68.12

-1.4%

Feb 6 3:59 PM EST

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To: MJ who wrote (439)	5/8/2012 12:44:36 PM
From: joseffy	1 Recommendation of 826

NY TIMES death spiral Dozens just laid off at The New York Times - lawyers, minorities hardest hit Will the last person to leave The New York Times please turn off the lights? More than 50 people were laid off on the corporate side. The layoffs include George Freeman, one of their well-known in-house lawyers. The worry is this is just the begginning of cuts — and that the company is putting pressure on the unions. Several of the people who were laid off were minorities, including African Americans and Hispanics. Ooh, they're sacking minorities, including African Americans and Hispanics now. And lawyers! Things must really be serious over there. The entire legal floor is in shock. I love the smell of schadenfreude on a Friday afternoon… Yes, amazingly enough, printing nothing but Obama White House propaganda does not actually result in any jobs created or saved. A Real Newspaper might want to report on a story like that. wyblog.us credit to brumar

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