Happy is the man that findeth wisdom, and the man that getteth understanding. -Proverbs 3:13
Saturday, October 25, 2008
Growing up in New Jersey, we subscribed to the Star Ledger, so this story caught my eye. They are cutting a large portion of their staff. It's one of the largest newspapers in the country, so this move is significant. Another article points out that the Star Ledger has been losing money for years, not just with the recent downturn. It highlights both the sputtering economy and the increasing importance of online news sources that have been cutting into the traditional newspaper market.