Tuesday, November 25, 2008

Deep payroll cuts?

The Honolulu Advertiser, a Gannett newspaper which has been losing money bigtime, is asking for even deeper payroll cuts, according to this report at Gannett Blog. Revenue at the paper has fallen to its lowest level in 20 years.
The union says The Advertiser will seek buyouts and other savings, including "benefit and work practice changes."

The implications for McClatchy? Discuss.


Kevin Gregory said...

Anybody predicting a cut in pay or benefits at McClatchy papers?

Anonymous said...

My Fort Worth paper has been doing a a cost analysis of all the staffs salaries for some time. Seems that only people who are in the Exec-Editor Jim Witts' Elvis club seem to get a raise - an often promotions. Often those are the worst performing employees, but they got the wig, so they get the raise.

With the analysis going on, they would not be doing this to give us a raise, it will only be the opposite.

Anonymous said...

5:52, I hope you are not a writer for the paper.

Anonymous said...

Now thats funny, but typical for the quality the FWST is putting out these days unless it's wire copy, which is about all in the paper these days.