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Scotsman ends Pennysavers after “severe” downturn

SYRACUSE — A “severe” and “abrupt” downturn in Scotsman Media Group’s Pennysaver business prompted the company stop publishing the weekly newspapers March 10 and cut about one-third of its workforce as a result. The downturn began in December and continued through February, Scotsman President William Veit says. The company considered a major overhaul of the […]

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