Last week, the newspaper laid him off.
“My family is obviously really not happy that I took a bullet for a business. But I guess in these economic times that isn’t enough to save you,” said Smith, 37, a reporter and online editor for the Suburban Journals since September 2006.
The newspaper is owned by Lee Enterprises, one of the big U.S. newspaper chains that is, to put it mildly, going down the tubes. The company’s CEO, Mary Junck, earned $1,089,506 in compensation in 2008, according to analysis by Photo District News.
Read more about the laid off reporter, and more on media company executive compensation.