On Friday, CEO Mary Junck said next year's operating expenses will be cut by 6 to 7 percent.
Tuesday, November 18, 2008
More cuts predicted
"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.
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