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Leading Off (9/23/08)

1. Morale is “horrible” and employees are unable to concentrate on work because of looming job cuts due to a huge budget shortfall. This is true at DISD and the Dallas Morning News.

2. People storming out of meetings. Cutting one-third of staff. The FBI snooping around. Enormous budget cuts. No, it’s not DISD, it’s Royse City, the former boomtown gone bad.

3. Scaling back. Reducing its budget by $3.2 billion. Stock price down 45 percent. No, it’s not D Magazine, it’s Chesapeake Energy, which is reducing its presence in the Barnett Shale because of falling natural gas prices. This means instead of Satan-level rich, they’re only getting Mr. Burns-level rich.

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2 Comments to “Leading Off (9/23/08)”
  • Brandon

    3) – Will Tracy Rowlett still have his webnews?

  • jrp

    3) – so they’re not going to add another 325+ rigs to the airport, as they’ve said in the past?