The San Francisco Chronicle’s decision to cut 100 of its 400 newsroom jobs is an act of suicide.
Though Business Week’s Jon Fine speculates that some major newspapers will stop their presses and publish online only, that would only make their predicament worse and many will instead outsource their printing. Why stopping the presses would be financially devastating. About the mistaken presumptions about why all newspapers need to do in order to survive is publish online. And why the San Francisco Chronicle would be better off financially if it delivered cash rather than newspapers to its readers.