McClatchy wants to cut severance pay

Unionized Sacramento Bee workers are negotiating with parent McClatchy Newspapers over concessions that include reducing severance pay from a maximum of 40 weeks to 26,  the Sacramento News & Review says.

“Among the other concessions that the company is seeking are the unlimited use of part-time and freelance workers, and the ability to assign Bee employees to do work for other McClatchy newspapers and Web sites,” the SN&R says.

“Guild representatives say the new severance rules would make it $10,000-$20,000 cheaper to lay off some veteran employees. Although Bee workers that SN&R spoke with are hopeful that major layoffs are, for now, in the past, the severance proposal has been troubling news,” the newspaper says.

Non-unionized McClatchy workers who have been laid off have typically received a maximum of 26 weeks pay as severance.

“[D]espite [CEO Gary] Pruitt’s cheerful report last week, McClatchy still plans to cut costs companywide by more than 20 percent in 2010. According to Editor & Publisher magazine (which, in another sign of the times, went out of business last week), McClatchy wants to outsource more of its production and share more editorial content between newspapers.”

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One Response to “McClatchy wants to cut severance pay”

  1. Chris Bushnell says:

    Gary Pruitt doesn’t have any credibility.

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