Business Journal is Latest Local Media Outlet to Lay Off Workers
The Business Journal of Phoenix shed a "handful" of employees this week after its parent company, American City Business Journals, announced a nationwide hiring freeze and salary cuts. That sounds gentler than the gouging that's been going on at the East Valley Tribune and Arizona Republic, but the local Biz Journal's a smaller outfit.
You'd think that people with business sense enough to work at a Business Journal ought to land on their loafers after being handed a pink slip. After all, the unemployed workers need only consult their former paper's recent issues for ideas on what to do next.