Financial Challenges
In September 2006, the paper disclosed that it is experiencing financial challenges, largely related to its labor costs. The paper also disclosed it had not been profitable since printing had resumed in 1993. As a result of these issues, the paper is considering a number of options, including putting the paper up for sale. While deep concern about the paper's future ensued, negotiations proved fruitful and in February, 2007 the paper's unions ratified a new agreement with management mandating job cuts, changes in funding health care benefits and so forth.
Read more about this topic: Pittsburgh Post-Gazette
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