Tuesday, December 9, 2008

Hearst throws a holiday party in New York

Hearst Corp., which has been cutting jobs at the Chronicle, threw a party last night in New York in the lobby of its new headquarters for CB Richard Ellis, the commercial realty firm that is trying to lease vacant space in the building, The New York Observer reports. Partygoers were forced to enter through and tour a retail space on the building's first floor in exchange for free food and drinks, the Observer says. Back in October, New York Magazine reported that Hearst announced that it would not be holding a party for its employees because of the need to tighten the privately-held company's budget.

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