First-quarter earnings were released today, and stock fell 13.89 percent to close at 31 cents a share.
CEO Mary Junck says the company is cutting costs, including 10 percent of its workforce. So far, I've counted up 122 layoffs since Jan. 1. Adda comment or send an e-mail if you know of other layoffs and/or outsourcing: lee.ent.watch@gmail.com.
Tuesday, January 20, 2009
1Q earnings released
Posted by
Lee Watch
at
9:20 PM
Email ThisBlogThis!Share to TwitterShare to FacebookShare to Pinterest
Labels:
earnings,
Lee Enterprises,
Mary Junck,
stock
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment