Bad news at McClatchy? No way!

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The Kansas City Star‘s parent company, McClatchy, announced a $37.5 million loss and a whopping 25-percent drop in revenues from last year. The Associated Press blurb sums it up:

The loss is

larger than expected.

After four rounds of layoffs, this isn’t the best news for those trapped in the mineshaft, especially with rumors of a fifth round of “belt-tightening” in June.