Sacramento Guild members overwhelmingly approved management’s proposed vacation burn-down plan in today’s vote: 86 percent voted yes, to support the company plan; 14 percent voted no.
Guild leaders are informing the company of the decision, and we expect the company to make its own announcement by tomorrow. As management has stated previously, the company expects to launch the vacation burn-down plan “immediately” upon results of the vote, and it will affect all Sacramento Bee employees, whether represented by the Guild or not.
The decision means Sacramento Bee employees must use excess vacation time by the end of this calendar year, according to the previously published terms, and will not be furloughed for now. The company, however, would not commit to taking furloughs out of the mix as a future cost-saving tool, though it has said conducting furloughs in addition to a vacation burn-down would be logistically difficult.
Looks like a win-win for corporate. McClatchy benefits by (a) clearing vacation liabilities off the books, and (b) reserving the ability to mandate furloughs later if conditions worsen.