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.

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Ray Stern has worked as a newspaper reporter in Arizona for more than two decades. He's won numerous awards for his reporting, including the Arizona Press Club's Don Bolles Award for Investigative Journalism.