Call it what you may, buggy whip or slide ruler, the newspaper just can't get traction in the 21st century. This news from a press release on the McClatchy (owner of the Miami Herald) website really sucks:
"This morning, McClatchy announced that it is freezing its pension plans and temporarily suspending the company match to its 401(k) plans, effective March 31. McClatchy also announced that it will cut an additional $100 to $110 million in expenses over the next 12 months."
They are also going to do staff reduction here in Miami! I would stop blogging if it would help the real newspaper.
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