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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: nextrade! who wrote (187559)3/9/2009 1:22:17 PM
From: JillRead Replies (2) of 306849
 
Update on publishing industry:

1) Glamour magazine is selling year-long subscriptions for $1.50
2) Sacramento Bee cutting staff but not as many as they wanted because of union
3) SF Chronicle planning to cut half their staff along with other cost saving measures such as cutting back vacation, sick time and maternity/paternity leave. The Chronicle also wants the union to let the paper outsource some work to non-union employees
4) Seattle Post-Intelligencer will soon be an online-only publication
5) The Providence Journal Co. is laying off 74 workers -- about 12 percent of its total work force. The layoffs are part of a plan disclosed in January by A.H. Belo to cut about 500 jobs -- more than 14 percent of its overall workforce -- from its media operations, which include The Providence Journal, The Dallas Morning News, and Riverside (Calif.) Press-Enterprise.
6) Lois Draegin former editor of TV Guide (making a six-figure income) now an intern at WowOWow
And movies:
Sony Pictures is going to eliminate approximately 300 jobs through both layoffs and the elimination of open positions

Etc.
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