Seen it coming for a long time....
"Buyouts offered to Herald workers; Step taken after proposal was made to redevelop site" by June 18, 2011|By Beth Healy, Globe Staff
The Boston Herald yesterday offered employees voluntary buyout packages to trim staff and cut costs.
The offer was made to all the newspaper’s staff and managers, according to an e-mail sent to members of the Herald’s newsroom union. Guild members are being offered two weeks of salary for every year of service.
Workers taking the buyout package would have until July 1 to make a decision, and any staff reductions would come next month, the Herald reported on its website.
“The staffing adjustments we’re making are a result of revenue pressure all newspapers are experiencing. However, the financial efficiencies we are undertaking, coupled with the really great print and online products we publish every day, will position us well for the future,’’ said Patrick J. Purcell, the Herald’s publisher, in a statement....
I love self-delusion in a newspaper, don't you?
The Herald no longer prints its paper, and recently held discussions with The Boston Globe to print and distribute much of the tabloid.
Don't you love the hypocritical insult along wit the smug superiority?
Have you seen my roster of posts, Globe?
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FLASHBACK:
"Globe in talks to print Herald" by Casey Ross, Globe Staff
The Boston Globe is negotiating a contract to print and deliver its long-time rival the Boston Herald, according to executives from both companies.
Under terms outlined today, the Herald would pay the Globe an undisclosed sum annually to print and distribute the tabloid in the Boston area.
Still can't get past the insults?
Because the Herald would no longer be delivering its own papers, the deal would result in the layoffs of the newspaper’s truck drivers.
Nice going, Globe.
Herald publisher Pat Purcell told drivers during a meeting today that he will propose severance packages for affected employees and emphasized the need for expedited negotiations about the reorganization plan. In a statement, the Herald said it is "confronted with declining circulation and revenue and must take steps to reduce operating expenses.”
Related: Globe, Herald circulation continues to slide
Quote:
"The next big story will be what happens when the Globe begins charging for online access to most Globe content later this year. Will it slow or even reverse the decline of the print edition?"
That is when I stop purchasing, reading, and visiting it completely.
Note: Would You Pay Twice For a Turd?
I'm already ashamed to pay once.
Can you believe that cornering the share on a dying industry is considered good to the self-delusional media?
Although the Globe already distributes some copies of the Herald, the deal represents an unprecedented level of cooperation between the long-time rivals, with each to benefit in different ways. The Herald would be able to cut labor costs, while the Globe would gain another customer for its printing and delivery services, a growing source of revenue for the newspaper in recent years....
Newspapers around the country have entered into similar arrangements to consolidate operations and save money as readers and advertisers have migrated to the Internet for news....
See: Globe Decline a Decade in the Making
The Boston Globe Admits Iraq Lies Killed It
And yet they have not stopped lying. Some people never learn.
The Globe has also struggled through several rounds of layoffs and buy-outs in its newsroom and other operations, and was threatened with closure in 2009. But the Globe's financial performance improved after labor concessions, plant consolidation, and a price increase....
They are STILL LOSING MONEY but at a LESSER RATE!
Sort of like the boiler room calling the captain of the Titanic and saying everything is all right because there is less water coming into the boat now.
Related: The New York Times is the Exception to the Rule
Globe Employees Applaud a Rapist
That's why I no longer have respect for the Globe or its employees.
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So Boston is basically down to one paper, huh?
Related:
Times Co. CEO says Globe not for sale
Who cares? It's all crap anyway.
