Finally, Someone Gets It

Friday, 24 October 2008, 11:40 | Category : working
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Working in the media world, every day I hear about more and more layoffs within the industry. The industry newsletters are filled with the news; to the degree that they don’t even name names about who is leaving, they just announce numbers.

In one of today’s newsletters, there was an article from Page 6, about Lydia Hearst speaking out against her own company’s practices.

LYDIA Hearst is trashing her own family’s media empire for continuing to live large during the financial meltdown. “Hearst Corporation, which my family owns, continues to host parties even as it folds magazines like CosmoGirl,” the blond heiress writes in her Page Six magazine column in this Sunday’s Post. “It seems excessive . . . At least Hearst recently cancelled the company Christmas bash. It’s time to work through this crisis, not party through it.”

I’m glad that she understands that in these tough economic times, we need to be cognizant of helping each other maintain a basic standard of living, not holding elaborate parties which cost more than 5 employees annual salaries.

From Page6

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