Raleigh, N.C. — The News & Observer in Raleigh is cutting salaries of all employees earning $25,000 or more per year and also eliminating 78 jobs in the latest series of cost-cutting measures.
- http://www.wral.com/business/story/4748286/
While this was not unexpected it is nevertheless disappointing news. It is especially sad to think not only of the 78 employees who will lose their jobs but also of all the remaining employees who are taking significant cuts in pay and forced furloughs. Boy, McClatchy has certainly made a mess of things with their desire to be bigger (and better?).
