Layoffs continue in media

AOL laid off 2,500 this week. The company is spinning off from Time Warner and must be profitable it says.

AP (Associated Press) the media co-op laid off 90 people to meet its payroll. The non-profit is trying to reduce member fees in the wake of the newspaper meltdown.

BusinessWeek laid off 150 people. Print magazines are dying.

The contrarians are USA Today which reports increased readers this year and a new daily in Detroit The Detroit Daily Press