Well, I guess this would be a bad time to get back into newspapers.
The Charlotte Observer recently announced buyouts and/or layoffs.
Now The New York Times is looking to eliminate 100 newsroom jobs. Gannett and McClatchy companies still are reeling from advertising revenue losses, although McClatchy seems to be getting a better grip on its online ventures.
Well, at least my IRA and 401(k) investments aren’t dropping like a rock anymore.
(Chart at left is not an indicator of anything in particular. It is merely a metaphor for traditional news media)