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ID: 20700
Title: Planned media job cuts up 88 pct in 2006 (Reuters)
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The New York Times building in a file photo. The number of planned job cuts in the media sector surged 88 percent last year and that trend will likely continue, a study on Thursday showed. Since the beginning of 2007, magazine publisher Time Inc. said it would cut 289 jobs, the New York Times Co announced plans to shed 125 jobs and close foreign bureaus for its Boston Globe newspaper. (Brad Rickerby/Reuters)Reuters - The number of planned job cuts in the U.S. media sector surged 88 percent last year and that trend will likely continue as readers shift from print to online services, a study on Thursday showed.


Category: Business/US Economy/
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Date Added: January 25, 2007 05:29:14 PM
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