Caution! Falling benefits ahead.
11 Jun
Gannett Freezes Employee Pensions, Ups 401(k)
So yeah…there’s a lot of negative talk out there about the newspaper industry. And yeah…everytime I get an email from the CEO I cringe because it’s usually bad news. But I believe…I really believe…that the pendulum will start to swing back in the other direction, we’ll all find our way in this crazy info-saturated world, and the industry will right itself again.
Hear, hear. At the least, someday we’ll be viewed as a cash cow, like yellow-pages businesses.