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Thursday, September 22, 2005

One Of Every Six Employee Loses Job

That is what the Philadelphia Inquirer is doing to its newsroom staff. The story actually said 16% will be offered buyouts or layoffs. But my title is more impactful and informative.... 1 of every 6 newsroom employees is losing or will give up their job!

That's almost unbelievable. And certainly indicative of the damage being wreaked on the MSM by the internet and bloggers and other forms of information sharing. Can it be long before the national and local TV news departments announce the same types of job cuts?

This is also a result of MSM's stubborness. By refusing to broaden their editorial and OPED pages so the average message was less strident and liberal, they have cost themselves readers, advertisers and revenue. Now, they and their employees are paying a steep price.

For your reading pleasure, I have provided the link below to the Inquirer announcement.

http://www.philly.com/mld/philly/business/12698323.htm

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