Other points raised during the call:
- Arizona, California, Nevada and Florida especially dragged down quarterly results because of extra-high losses in real estate-related advertising in those four states.
- Good news: Quarterly online advertising revenue rose more than 16% from a year ago, an improvement from the 12% rate in the first and second quarters.
- Expect more severance-related costs in the fourth quarter, so buyouts and layoffs certainly aren't over.
- Consolidation of jobs, and offshoring of such work as ad production, continues to be an option.
- Staff reductions are mostly permanent, although advertising sales positions could be refilled -- if ad revenue picks up.
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