Monday, March 2, 2009

How about a Task Force?

Steven Swartz, President of Hearst Newspapers, in a staff memo:

"One inescapable conclusion of our study is that our cost base is significantly out of line with the revenue available in our business today. It is equally inescapable that during good times our industry developed business practices that were at best inefficient.

YA THINK? Ya had to have a study to figure that out?

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