Monday, June 16, 2008

Bloody Monday at McClatchy?

There have been no updates on McClatchy layoffs, but my stats tell me anxious McClatchy employees are scanning the internet for information on layoffs.

A commenter, evidently a McClatchy employee, posted this on Howard Weaver's blog:
Let's face it, boys and girls, we have a larger profit margin than almost all of the companies our newspapers cover. But we have greedy owners who covet their quarterly dividend checks; we have untrained managers who don't know how to manage Wall Street; and newspaper employees are a dime a dozen. Why dispose of them humanely?

Thus, enter Bloody Monday, tomorrow when more than 1,000 McClathy employees will lose their jobs and be paid severance of six months. That's if they're lucky.

Is today Bloody Monday? Stay tuned.