Monday, June 16, 2008

McClatchy slashes 1,400 jobs in cost-cutting drive

By SETH SUTEL

The Associated Press

NEW YORK (AP) — 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. see the full story

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