Chicago Sun-Times Reduces Payroll by 15 Percent
When you’re in a financial crisis how do you start to save money? For the Chicago Sun-Times it’s sending out an edict that the paper will cut payroll by 15 percent. The Chicago Tribune reports that the paper cut an undisclosed number of jobs to achieve this goal last week.
The parent company of the Sun-Times—which also publishes the Post-Tribune, the Naperville Sun, the Pioneer Press and North Shore Magazine—filed for chapter 11 on March 31st.
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