Friday, November 16, 2012

Billionaire Job Creator to Shut Down Daily & Can 105 Workers

President Barack Obama and Warren Buffett in t...
(Photo credit: Wikipedia)
The 143-year-old daily Manassas (Va.) News & Messenger and sister Web site Inside NoVA will shut down Dec. 30, Omaha, Neb.-based World Media Enterprises, a division of Warren Buffet's Berkshire Hathaway, Inc., announced this week.

Thirty-three staffers at the paper, which covers Prince William County, will be pink-slipped, and 72 corporate jobs will be trimmed. The unprofitable News & Messenger is the only paper from its acquisition of Media General publications earlier this year (see "TUOL" post 5/21/12) that World Media is closing, according to accounts in The Washington Post and the Web site.  Inside NoVa boasts 26,000 followers on its Facebook page.
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