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Fort Wayne Newspapers

Discussion in 'Journalism topics only' started by DollarDay, Mar 10, 2009.

  1. DollarDay

    DollarDay New Member

    Announced Monday:

    Hourly staffers at both The Journal Gazette and The News-Sentinel had their hours cut from 40 to 37.5. Salaried staffers had their pay cut a comparable six percent. Company also cut how much it'd match to the 401K, down to 25 percent from 50.

    The advertising people and everyone else in the building received the same cuts. The changes will probably take effect in a few weeks.

    People at the Sentinel didn't know an announcement was coming until about 10 minutes beforehand, when they spotted all the upper management meeting behind closed doors. Journal people knew something was afoot in the morning when they received word from their bosses to scrap whatever plans they had and be in the newsroom at around 2:45 p.m. for an announcement.

    Ogden owns the Sentinel, the smaller paper, and something like 75 percent of the JOA at Fort Wayne Newspapers. The Journal is privately owned.

    The news came a month, maybe two after a similar announcement where everyone was told there was a wage freeze for the rest of the year, though there would be no layoffs.

    Some people are worried that in a month, maybe two, there might be a worse announcement, but the company people said they hope these cuts will be temporary and get the papers through until things turn around.
  2. Mark2010

    Mark2010 Active Member

    I'm actually surprised that Fort Wayne has the advertising base to support two newspapers for this long.
  3. On the bright side... at least there were no layoffs.

    Isn't that a union shop?
  4. RickStain

    RickStain Well-Known Member

    How awful is it that you see the uppers doing an impromptu meeting, and you have to be relieved to have your pay slashed 6.25 percent.
  5. Drip

    Drip Active Member

    Fort Wayne hung in there longer than most figured. Still not a good situation but it's not bleak. good luck to all involved.
  6. pallister

    pallister Guest

    Some great, hard-working people working in Fort Wayne. This sucks.
  7. ColbertNation

    ColbertNation Member

    It's nice that they tried to preserve some of the 410k match, but I'd be surprised if that lasts much longer.
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