A Year In New York

A Daily Bite of the Big Apple

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Day 156: AYINY Returns from Brink

December 2nd · 1 Comment

NEW YORK, Dec. 2, 2008 – After taking drastic cost-cutting measures brought on by the nation’s financial crisis, the blog A Year In New York announced that it would resume production today.

In November, the popular blog interrupted service and disappointed readers as it nearly filed for Chapter 11 bankruptcy. However, the site regained its footing after reorganizing Chapter 7 and Chapter 13, throwing out Chapters 3 through 5 and editing out the boring sections of Chapters 1 and 9.

“A Year In New York has taken the necessary steps to remain solvent in these challenging times,” said Chief Financial Officer Eaton Schmurz. “For example, we reduced overhead by moving our office from Manhattan to a church basement in the Bronx. It’s a little damp and dark down here, but the laptop provides some light when the clamshell is open.”

AYINY also slashed costs by offshoring some positions to Bangalore, India, including the cameraman, the key grip, the keyboardist and five note-takers. Layoffs claimed 50 percent of the sales staff and 100 percent of the accounting department, which, Schmurz said, “were just bumming us out with bad news all the time.”

In related news, today the Senate Finance Committee rejected AYINY’s request for a $50 billion bailout. Sen. Max Baucus (D-Mt.), the committee’s chairman, questioned why a blog, which has no economic value, should need such a large rescue package.

“I mean, while you’re printing all that extra money, why not?” AYINY’s chairman, Sheldon Hancock, told the committee. “It isn’t like the other bailouts you’ve made have helped any.”

Tags: Deep Thoughts

1 response so far ↓

  • 1 sam // Dec 3, 2008 at 7:23 pm

    jeez glad you’re back. now go buy some gold.

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