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More Scripps news

Discussion in 'Journalism topics only' started by Moderator1, Feb 18, 2009.

  1. Moderator1

    Moderator1 Moderator Staff Member

    The Pipeline just delivered some news that Scripps papers are getting right now or about to get:

    *Five percent pay cut for salaried employees
    *Three percent cut for hourly
    *Freezing pensions
    *Eliminating 401K match
    *Discontinuing tuition reimbursement

    No further job cuts - yet.

  2. Fredrick

    Fredrick Well-Known Member

    That's why I thought furloughs were/are stupid. Why didn't Gannett just cut everybody's salary 5 percent like this?
    This way they still fuck over the employee and get the work out of the employee.
    At least with a furlough you get some time off; this is worse of course, but I figure management would be more forceful in doing something like simple 5 percent pay cuts instead of furloughs.
  3. MileHigh

    MileHigh Moderator Staff Member

    Might be announced tomorrow when Scripps has its quarterly earnings conference call.
  4. MileHigh

    MileHigh Moderator Staff Member

    An e-mail, I believe, has already gone out. What was mentioned in the original post is very accurate.
  5. MileHigh

    MileHigh Moderator Staff Member

    No furloughs. Pay cuts and other things.
  6. Moderator1

    Moderator1 Moderator Staff Member

    I don't mean to be flip in tough times, honest. I really don't.
    But I'm hurt.

    Very accurate? Confirmed the post?
    This IS The Pipeline we're talking about here.

    If I was that accurate when I was a reporter, I'd still be a reporter.
  7. MileHigh

    MileHigh Moderator Staff Member

  8. MileHigh

    MileHigh Moderator Staff Member

  9. jps

    jps Active Member

    ugh. five and three percent is pretty major ... these are folks getting maybe 1.5 percent annual raises in some places. have lots of friends in the company and it's sad to see. that said, my shop just lost one more to layoffs yesterday, so there really isn't a good option here.
  10. MileHigh

    MileHigh Moderator Staff Member

    In early December, Scripps honchos said when they put the Rocky Mountain News on the market that every one of its properties was turning a profit, except in Denver.
  11. deskslave

    deskslave Active Member

    I'm hearing murmurs that there were layoffs at the Rocky, possibly including the managing editor.
  12. MileHigh

    MileHigh Moderator Staff Member

    It was the Post. Yes, including the ME, Gary Clark.

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