So where will the next cuts come from? John Drescher, Executive Editor at the News & Observer, said last week his newspaper is considering additional cost reductions, including layoffs.
Bill at Random Pixels reports that a source told him that newsroom employees at the Miami Herald are expecting the worse:
So far the Herald has not announced any more cuts but a source reports that newsroom staffers are walking on eggshells and waiting for the other shoe to drop.
What are you hearing?
3 comments:
Where will the cuts come from??? Everywhere except our friend Gary he'll just collect his millions.
So how many shoes does Gary wear...they keep dropping every other day. I said this before...cuts are aimed at the long term larger paycheck workers, "we can get a low wage peon or some poor soul in India to do that job"...And strong union departments..."they are a bunch of overpaid do nothings"...Pruitt and his disaster initiation squad are union busters...very sneaky union busters, but still that's what they are.
After the last round of cuts, they added another $600,000 a year ad executive. So has he earned his salary? Of course not, so there will be another round of cuts, and Pruitt will hire a second ad executive at $600,000 expecting he or she will find the magic solution.
This solution isn't going to come from the top, and it isn't going to come hiring teams of new high-priced, do-nothing executives whose only solution is to cut payrolls to pay the vig on their loans. Unfortunately, I don't run this company, so all we are going to get is cuts and more cuts for the rest of this year because ad revenue from back-to-school was truly miserable, and Christmas shopping doesn't look like it will make it, either.
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