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The Guardian - UK
The Guardian - UK
Business
Roy Greenslade

McClatchy plans 10% job cuts

One of the biggest newspaper chains in the US, McClatchy Company, is to cut its workforce by 10% (around 1,400 people) after having previously eliminated about 2,000 jobs over 18 months. California-based McClatchy, which publishes 30 daily papers plus dozens of weeklies across the States, announced that in the first five months of the year its revenue dropped 14.2% compared to the same period last year. (Via New York Times)

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