9.22.2005

great news...



September 22, 2005 -- The New York Times was hit with more bad news yesterday when Standard & Poor's Rating Services put the company's long term debt on "credit watch with negative implications" after the company lowered its earnings estimates once again.
The news follows by one day the company's announcement that it will slash 500 jobs over the next six to nine months, including 45 newsroom jobs at flagship The New York Times and 35 in the newsroom at the Times-owned Boston Globe.

2 Comments:

Blogger fredeeky said...

hells yeah, thanks for the biznass advice. what the hell is going on with your comment photo there rhazes? i can barely type here with that going on.

1:14 AM  
Blogger fredeeky said...

although this does make some of your previous comments seem less insane.

1:16 AM  

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