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New York Times Cuts 100 Workers as Costs Rise, Washington Post to Follow

WIRE: Two of the most respected U.S. newspaper publishers, The Washington Post Co and The New York Times Co, are embarking on new cost cuts in the face of dramatic declines in advertising revenue.

The Times said it laid off 100 workers and is cutting non-union salaries. It is also asking unionized employees to accept similar concessions to avoid layoffs in the newsroom…

Lawmakers Push for Newspaper Bailout…

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One Response

  1. economicprosperity says:

    Could the decline of advertising revenue possibly due to a decline in readership as a result of perceived or real political bias in the papers?

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