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Day: September 21, 2005

NY Times going in the dumper – firing 500 people

September 24, 2025September 21, 2005 by Tom Faranda

  The NY Times is going in the dumper – yesterday they announced the firing of 500 employees. AND three years ago their stock price was $47.05. Yesterday it was 31.13. The S & P 500 over the same time frame has risen just under 45%. The math is bad for the Gray Lady. Here’s … Read more

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