CUTBACK ROUNDUP.Despite a general belief a business shouldn't make an important announcement on April Fool's Day April Fool's Day or All Fool's Day, holiday of uncertain origin, known for practical joking and celebrated on the first of April. Prior to the adoption of the Gregorian calendar in 1564, the date was observed as New Year's Day by cultures as or thereabouts there·a·bouts also there·a·bout adv. 1. Near that place; about there: somewhere in Kansas or thereabouts. 2. About that number, amount, or time. , many publishers felt compelled to announce various kinds of cutbacks on or around that day last week. In no particular order: *Mississippi's Clarksdale Press Register The Clarksdale Press Register is the daily newspaper of Clarksdale, Mississippi. External link
*Pennsylvania's Intelligencer in·tel·li·genc·er n. 1. One who conveys news or information. 2. A secret agent, an informer, or a spy. Journal, a morning daily in Lancaster, and the New Era, the afternoon paper in Lancaster, said on Wednesday that they will combine into a single morning, six-day edition, starting June 29. The two papers, owned by Lancaster Newspapers Inc., said the combination would eliminate about 60 full-time and 40 part-time jobs. The Intelligencer Journal has an average weekday circulation of 45,693, while the New Era has an average weekday circulation of 39,192, as of Sept. 30, 2008. The two papers have separate news staffs but share the same space. *Media General Inc. of Richmond, Va., said on Tuesday that it is changing its central Florida Spanish-language newspaper: chief among the changes is that it will now be known as Centro Tampa. The paper will also switch from broadsheet to tabloid. The weekly has a circulation of 41,000. The company also said that it had cut 65 more jobs at its Tampa operations and that it was closing some niche publications, including Flair magazine. It also said that area employees are now expected to take 13 furlough fur·lough n. 1. a. A leave of absence or vacation, especially one granted to a member of the armed forces. b. A usually temporary layoff from work. c. days -- three more than originally proposed -- before Sept. 30. *The Boston Globe said on Friday that unions are expected to make $20 million in concessions annually within weeks or its parent, The New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Times Co., will shutter the operation. The Associated Press reported on Saturday that unions at the Globe met with company executives last week and that the concessions being sought include pay cuts, the end of life-time job guarantees and no more company contributions to pension funds. *In Milwaukee, the Journal Sentinel is taking six percent off the pay of executives and managers and that they will also be forced to take 10 days of furloughs. The move doesn't effect unionized workers at the 212,156-circulation daily. *In New York State, the Watertown Daily Times said on Saturday that it is imposing 10 days of furlough time in the next six months, with five days taken before July 1 and the rest before Oct. 1. The paper also said that it was suspending the company matching payment into 401(k) voluntary retirement accounts and that it would be closing its statehouse state·house also state house n. A building in which a state legislature holds sessions; a state capitol. statehouse Noun NZ a rented house built by the government Noun 1. bureau. *Managers at A.H. Belo Corp. of Dallas were told of pay cuts on Thursday, with Robert Decherd, the company's chairman, president and chief executive, whittling Whittling is the art of carving shapes out of raw wood with a knife. Whittling is typically performed with a light, small-bladed knife, usually a pocket knife. Specialised whittling knives are available as well. 20 percent off his pay. Other top-paid executives will lose 15 percent of their salaries, while those making between $150,000 and $225,000 will lose 10 percent and salaries between $102,500 and $149,999 will be lopped 7-1/2 percent. Salaries between $25,000 and $102,499 will have between 2-1/2 and five percent cut. The company said it would also suspend payment into its pension plan for 2009 and that the 2008 payment wouldn't be made until October. But that didn't even include the worst news of the week: that honor falls to John Sturm, president and chief executive of the Newspaper Association of America The Newspaper Association of America is a United States trade association that represents the country's largest daily newspapers and provides services including market research, technology education and support, minority hiring and representing publishers in Washington, D.C. , who foolishly chose to appear in a segment on the faux-news program "The Colbert Report" on the cable channel Comedy Central. As if newspapers didn't have a bad enough reputation already, Sturm's performance was -- in the word of a longtime NAA NAA Nomina Anatomica Avium. committee member -- "devastating dev·as·tate tr.v. dev·as·tat·ed, dev·as·tat·ing, dev·as·tates 1. To lay waste; destroy. 2. To overwhelm; confound; stun: was devastated by the rude remark. ." |
|
||||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion