The New York Times Company announced today that it is cutting 500 jobs, on top of 200 cut earlier this year. Also today, the Philadelphia Inquirer and the Philadelphia Daily News, both of which are owned by Knight Rider, announced cuts totaling 100 jobs because of lower circulation and revenue.I didn't realize that a customized 80's Trans-Am was even capable of owning a corporation! It must have made a lot of money during the height of its popularity...
update: I guess that was a typo. The company name is Knight Ridder. So never mind.
;)
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