Friday, March 27, 2009

Presses Slowing at the Boston Globe

And its parent, the Gray Old Lady.

"Yesterday, the Globe laid off 20 part-time employees in its newsroom.... New York Times also announced yesterday that it will lay off 100 people on the business side of the newspaper because of declining revenue"

Nobody likes liars, and I'm the last frikkin' Mohican, Globe!

Related:
Why I am Buying a Boston Globe Today

That's why I been buyin' 'em, readers.


No help on the way. Please see the MSM file for more.

"Times Co. cuts pay for some workers" by Johnny Diaz, Globe Staff | March 27, 2009

The New York Times Co. said nonunion employees, including those at The Boston Globe, will be taking a temporary 5 percent pay cut starting in April....

Arthur Ochs Sulzberger Jr., chairman of the Times Co., and Janet L. Robinson, the company's chief executive, issued a memo on the salary rollbacks. "Given this economic outlook and the changes occurring in the media business, we, regrettably, must take even more steps to lower costs," they stated. "We have been, and continue to, reorganize and reduce our staff, which means we are saying goodbye to many of our close colleagues."

That's what happens when you peddle Zionist lies and war propaganda and call it news.

The memo noted that the pay reductions are intended to be temporary. "Next year, we plan to return salaries to their current levels," it said. "Of course, such a decision depends on the state of our business."

It ain't never coming back, you delusional a**holes!

The 5 percent pay cut applies to most nonunion employees of the Times Co., including those who work for The New York Times and the corporate staff of the Times Co. The memo also said that unionized employees in Boston and New York will be asked for wage reductions soon.

Also yesterday, the Globe laid off 20 part-time employees in its newsroom.

"The economy continues to put tremendous stress on our industry," said Bob Powers, Globe spokesman. "This is part of the workforce reduction that we announced earlier in the year with the objective of reducing the staff by 50 employees through voluntary buyouts and layoffs."

Oh, is that what you think it is, Bob?

Also see: Senate Says Newspapers Are Non-Profits

The deadline for Globe newsroom staffers to rescind their applications for the voluntary buyout is today. The part-time staffers who lost their jobs will not receive any severance package, and their layoffs were effective yesterday, Powers said.

The New York Times also announced yesterday that it will lay off 100 people on the business side of the newspaper because of declining revenue.--New York Times Co. to cut pay --"