The owner of The Miami Herald said subscriber interest did not support its current level of investment. One employee called the layoffs a “blood bath.”
Category: Chatham Asset Management
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McClatchy Makes Deep Job Cuts to Newspapers Around the Country
The New York Times – Business: -
Gannett and McClatchy Cut Back Relationship With A.P.
The Associated Press said the decisions by the two major newspaper chains “would not have a material impact on our overall revenue.”