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Forum Communications suspends 401(k) matching

Discussion in 'Journalism topics only' started by Stitch, Mar 23, 2009.

  1. Stitch

    Stitch Active Member

    Not a surprising move.

    There are rumors that the company may cut 100 jobs throughout the chain in the next round of layoffs.
  2. bob

    bob Member

    I guess all I can say is, join the club. I believe 401k contributions are getting cut frequently. Gatehouse did it last year. And we all know about the layoff problem.
  3. jps

    jps Active Member

    think that this is among the first steps at this point.
  4. RickStain

    RickStain Well-Known Member

    Wick Communications, which owns a couple of ND papers, did the same thing.
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