If you read the whole article....they laid off over sixty percent of the staff. The hint here, which they won’t admit....they lost a massive subscription base, and some advertisers likely left. The paper is marginally able to survive at this point, and likely relies upon other regional papers to provide text for their paper.
The question....was it worth it? You can look back now, and determine that they really screwed up their asset, and had no respect for their business or their customer base. These are the kind of people who shouldn’t be in the newspaper business.
As for surviving through the future? I wouldn’t give them too great of odds, and suspect they will wrap up the paper within two years.
The question....was it worth it? You can look back now, and determine that they really screwed up their asset, and had no respect for their business or their customer base. These are the kind of people who shouldn’t be in the newspaper business.
Thank you, pepsionice, for the business perspective. Blind hatred never sees very far ahead, and that's no way to run a business.
Those people belong in the overt propaganda line of work, not local "news" papers, which still have profit and loss statements to deliver.