On Friday, CEO Mary Junck said next year's operating expenses will be cut by 6 to 7 percent.
Tuesday, November 18, 2008
"Newsosaur" Alan Mutter took a look at Lee's earnings and predicts "draconian expense cutting." We're in good company. His list also includes other profitable by not profitable enough companies: GateHouse Media, Journal Register, McClatchy and Tribune Co.