Stephens Media, which publishes a dozen dailies, has suspended its 401 (k) matching program.
http://www.editorandpublisher.com/eandp/departments/business/article_display.jsp?vnu_content_id=1003941054
Better than furloughs and layoffs, perhaps, but still money out of pockets.
And 401 (k) are better than pensions because ... ?
Thursday, February 12, 2009
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