maybe three of you understand the significance of this.

Mar 13, 2006 15:03

Knight Ridder Sold

This is the parent company for the papers I work for. This should be good news, since it ends the uncertainty of whether I'm still going to be employed in a year or two ... right?

Of course not. It's never that simple.

At the same time, McClatchy plans to sell 12 of Knight Ridder's 32 newspapers, including The Philadelphia Inquirer, The Philadelphia Daily News and the San Jose Mercury News, saying that those papers don't fit the company's longstanding criteria of buying newspapers in growing markets.

Our paper is a subsidiary of PNI, the same company that produces The Inky and the DN. Now, whether this means that we'll be sold off with the dailies isn't yet known. So now, we have to wait for the whole Knight Ridder sale to be finalized. THEN, our company may be sold off to someone else at God knows what price. Who knows where our jobs will be when that happens? And, we don't even know whether the new company that bought Knight Ridder will keep our weekly division or not. They're keeping their stake in CareerBuilder, which is interesting.

Uncertainty sucks. Then, it mirrors the rest of my life, so meh. We shall see what the future will bring.
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