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Posts on ‘February 24th, 2009’

Hearst: Huge New SF Cost Cuts, or We Sell/Close Paper

Hearst Corporation announced today that its San Francisco Chronicle newspaper is undertaking critical cost-saving measures including a significant reduction in the number of its unionized and nonunion employees. If these savings cannot be accomplished within weeks, Hearst said, the Company will be forced to sell or close the newspaper. We’re approaching an end-game of the […]