NY Times to Slash 100 Newsroom Jobs
Posted by More bad news for newpapers. The trend continues for tradional media newspapers as advertising revenue continues to decline. The NYTimes plans on cutting some 100 jobs this year. It is amazing how the internet continues to drive revenue earnings down for newspapers.
3 years from now, the newspaper may become obsolete. If technology keeps on advancing (Which it will), everything will be put online to meet the mobile consumers’ needs. How many more jobs will be cut this year in tradional media as the internet dominates advertising dollars?
Now is the time to start developing your geo domains as consumers are looking for local classifieds and content more than ever. Time is of the essence and procrastination continues to be the thief of time.
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