Layoffs, Budget Cuts & Furloughs
• Gannett, the largest newspaper publisher in the U.S., is forcing thousands fo employees to a week of unpaid leave. [NYT]
• The NYT-owned Boston Globe is cutting its staff by 12 percent. [NYT]
• Penthouse is laying off staff. [Portfolio]
• Newspapers are saving money by outsourcing foreign news coverage. [WSJ]
• Hope you're interested in reading lots more about Bernie Madoff. There are a total of eight books about him now in the pipeline. [NYO]
• Here's something you didn't expect to hear: A recent study finds that commercials actually make watching TV more enjoyable. [AdFreak]