Operating on an upwardly revised but “razor-thin” $4.75 million budget, the Reader lost close to a half-million dollars last year.
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 Driven by an “urgent need to reduce costs” and the “imminent risk
of closure” amid financial challenges, the Reader announced the immediate layoffs of six non-union employees, organizational restructuring and the resignation of CEO Solomon Lieberman in a news release this week. | | | |
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