Statesman to cut 25 jobs, slash pay checks
Don @ IdahoRadioNews | March 16, 2009
As hinted this weekend, today is indeed d-day at the Idaho Statesman, according to a memo to employees.
The paper will cut ten percent of its workforce (25 positions), and also cut pay for those workers not eliminated.
Some of the job cuts will not be voluntary:
Where positions are being eliminated, affected employees will be notified over the next two days. Some reductions will be involuntary. Others will provide an opportunity for employees to volunteer to take a severance package where reductions are occurring in work groups of two or more employees. If enough employees do not take the voluntary option, then the positions with the least tenure will be eliminated.
Here’s how the pay cuts break down:
- People making $25,000 to $50,000 will be docked three percent
- Employees making $50,000 to $100,000 will lose six percent of their pay
- Folks making more than $100,000 will be making ten percent less.
Mi-Ai Parrish also tells staff that furloughs may be possible (short term layoffs, usually of a day or two without pay). All annual bonuses have been eliminated:
Other savings include everything from better ink contracts to lighter newsprint, from savings from our press project to our redesign, from cutting daily redelivery of newspapers to dropping dues for industry organizations, from reducing the number of free Scene copies to eliminating low-selling single copy racks. These large and smaller expense cuts saved the equivalent of 99 jobs.
McClatchy Watch has the full memo.
Read (or watch) Doug Petcash’s excellent story on the challenges facing the Statesman, Press-Tribune and the Idaho Falls Post-Register.
This happened earlier this year and I didn’t hit “Publish” on the post:
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