Mobile Press Register cutting costs | Fox10tv.com: "MOBILE, Ala. - It's been a tough year for newspapers, and it's getting tougher with advertising continuing to dry up. On Monday, the parent company of the Mobile Press Register told its employees they will have to take 10 unpaid days off this year."
Like most businesses, newspapers have been hard hit by the deepest recession since the early 1980s. But the blow has been especially devastating for newspapers because they were already losing readers and revenue to the Internet, where news can be easily found for free and the advertising rates are substantially lower.
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