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Archive Home > 2008 > June > 17 > To cut costs, McClatchy is slashing 1,400 jobs

To cut costs, McClatchy is slashing 1,400 jobs


June 17, 2008

NEW YORK — Newspaper publisher McClatchy Co. is slashing 1,400 jobs, or 10 percent of its work force, as part of an accelerating drive to cut costs as advertising revenues dwindle, the company announced Monday.

McClatchy also reported a 15.4 percent decline in advertising revenues in....

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