Posts Tagged ‘furloughs’

Media General employees lose third week of pay

Monday, September 21st, 2009

Media General, owner of the Winston-Salem Journal, The Tampa Tribune and 19 other daily newspapers, told employees Friday they must take off five more unpaid days by the end of the year, according to Editor & Publisher.

The five are in addition to 10 furlough days already assessed, for a total of three weeks of pay that the publisher has withheld from employees this year.

Employees must take one day by the end of September (the end of third quarter), and four during fourth quarter, the report says.

The publisher blames “last-minute advertiser cancellations and deferrals of planned spending” by other advertisers.

In addition to instituting layoffs, pay cuts and wage freezes, McClatchy Co., Gannett and other newspaper publishers have furloughed employees this year to save money.

KC Star adopting furloughs, buyouts

Wednesday, August 12th, 2009

McClatchy’s Kansas City Star is requiring one-week furloughs for most employees before the end of the year and is offering a voluntary separation program to the majority of its regular, full-time employees, the Kansas City Business Journal reports.

Other McClatchy newspapers, including The News & Observer in Raleigh, instituted furloughs earlier this year and have offered buyouts in the last year.

“We are doing this because many employees continue to express interest in a voluntary program during this time of industry transition, and because we want to put The Star in the best financial position possible going into 2010,” Star Publisher Mark Zieman said in a memo to staff. There is no targeted number for the buyouts.

The Business Journal also quotes McClatchy Treasurer Elaine Lintecum confirming that the company-wide salary freeze has been extended through the end of the year.