On Feb. 5, McClatchy announced plans to further reduce operating expenses as a result of the ongoing and unprecedented economic pressures and revenue declines. Today, McClatchy released additional information these expense reductions. The press release is available on McClatchy’s corporate website. http://www.mcclatchy.com/pressreleases/story/2233.html
We will discuss the announcement and what it will mean at the Ledger-Enquirer at employee meetings tomorrow. Hope to see you there.