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More from Lean Dean

Discussion in 'Journalism topics only' started by Left_Coast, Nov 3, 2006.

Page 17 of 60
  1. MileHigh

    MileHigh Moderator Staff Member

    The Denver Post just had two rounds of buyouts since June, and a few layoffs, so it is feeling the pressure.
     
    MileHigh, Nov 15, 2007
    #193
  2. fishwrapper

    fishwrapper Active Member

    Two rounds of buyouts and a few layoffs since June?
    Or, two rounds since June. And, before that, some layoffs?
     
    fishwrapper, Nov 15, 2007
    #194
  3. DanOregon

    DanOregon Well-Known Member

    I'm pretty sure the story said a $1 million loss on the quarter down from a $13 million PROFIT from the same quarter a year ago. I'd like to see the books. Either the company is either in a drastic nosedive or there is looting going on.
     
    DanOregon, Nov 15, 2007
    #195
  4. fishwrapper

    fishwrapper Active Member

    WARNING. THREAD CROSS-OVER...

    Nevermind. I'm not touching it.
     
    fishwrapper, Nov 15, 2007
    #196
  5. MileHigh

    MileHigh Moderator Staff Member

    Sorry, it actually, might have been since March or April. They had buyouts, didn't get enough people to do it, then had another round and as part of that, there were a few layoffs, including a columnist. I'll have to go dig it up.

    Updated:
    16 people took buyouts in June and there were seven layoffs.
    There was a round of buyouts in spring 2006 in which the goal was 25 buyouts, but only 13 took it, but there were no layoffs then.

    Interestingly, they just hired a new Nuggets writer (Benjamin Hochman).
     
    MileHigh, Nov 15, 2007
    #197
  6. fishwrapper

    fishwrapper Active Member

    I'm curious to the timing. Because -- and I've had experience -- this ignominious man usually waits right before the beginning of the 4th quarter to announce employee separation.

    Word is, MediaNews' credit rating will be downgraded next year. That will be only way this "man" changes. (Or accelerates).
     
    fishwrapper, Nov 16, 2007
    #198
  7. Left_Coast

    Left_Coast Active Member

    Brace yourself, Chicago. Talk is Lean Dean might be purchasing the Chicago Sun Times.

    http://chicagobusiness.com/cgi-bin/news.pl?id=27709&seenIt=1
     
    Left_Coast, Jan 10, 2008
    #199
  8. Gold

    Gold Active Member

    I would think that Singleton would have learned his lesson about trying to compete in a real competitive market, as he tried in Dallas. Also, I doubt he could get the financing.
     
    Gold, Jan 14, 2008
    #200
  9. Left_Coast

    Left_Coast Active Member

    Well, he's got more issues in Northern Cali. After Carole Leigh Hutton's departure, now the guy running the papers up there and who hired Hutton at the Mercury News is leaving.

    http://www.mercurynews.com/breakingnews/ci_7968628?nclick_check=1
     
    Left_Coast, Jan 14, 2008
    #201
  10. Tom Petty

    Tom Petty Guest

    i hope singleton dies a slow, painful death. i mean that. i really do.
     
    Tom Petty, Jan 14, 2008
    #202
  11. Sam Mills 51

    Sam Mills 51 Well-Known Member

    He can consider himself lucky he's leaving on his own. Anyone who was dumb enough to hire Hutton should have his feet held to the fire.
     
    Sam Mills 51, Jan 14, 2008
    #203
  12. LATimesman

    LATimesman Member

    Who really believes he left on his own?

    You figure he had to be making at least $200,000 a year, probably more. (Singleton has not cut execs' salaries, I am told.)
     
    LATimesman, Jan 14, 2008
    #204
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