SockPuppet
Active Member
Here's the info empolyees received from DMN's Empty Suits:
Strategic Team Is Focused on Reshaping the Newsroom
DALLAS -- The Dallas Morning News, a subsidiary of Belo Corp. (NYSE: BLC), provided details today about its previously announced voluntary severance program. The program is part of a broad organizational realignment, adapting print and online products to reflect evolving, fundamental changes in the use of media by consumers and advertisers in the Dallas/Fort Worth area.
Voluntary Severance
The voluntary severance program is being offered to almost all newsroom employees. It is part of the newspaper's overall strategic realignment to reduce expenses and more effectively allocate resources to areas that show the greatest potential for growth.
"As the newspaper industry adapts to fundamental changes, The Dallas Morning News is shifting resources to meet evolving reader and consumer needs," said Jim Moroney, publisher and chief executive officer of The Morning News. "Continual change is the new constant in our business, but it is not for everyone. Therefore, we are offering a voluntary severance package to those who may prefer another work environment."
The Dallas Morning News expects at least 85 newsroom employees to respond to the voluntary severance program offer. Involuntary reductions are possible if voluntary severance program participation does not match the paper's strategic realignment goals.
The voluntary offer consists of a severance payment of two weeks of base pay per year of continuous employment up to 15 years, and three weeks of base pay for each year of service that exceeds 15. An additional lump-sum payment equal to 12 months of the employee's currently applicable COBRA health care premium is included.
The voluntary severance process will follow the schedule outlined below:
August 10-August 23
Eligible employees receive and consider the offer
August 24-August 30
Eligible employees accept the offer, or not
August 30-September 14
The Dallas Morning News considers and confirms employee acceptances
September 15
Final day of work for most of the employees whose acceptance of the voluntary severance has been confirmed
Newsroom Reorganization
Bob Mong, editor of The Dallas Morning News, noted that a strategic team is focusing on reshaping the newsroom to emphasize local content while maintaining the paper's commitment to journalism, expert editing and sophisticated content. The newspaper will focus on local content produced by metro, investigative, business, sports, photo, general news, art and lifestyles staffs. Detailed plans resulting from the team's work, including a significant newsroom reorganization, are expected to be announced in November.
"We need to keep changing and adapting to the requirements of our local audience," said Mong. "As we empower reporters and photographers to employ methods in new media and digital journalism to communicate stories, our emphasis will remain squarely on excellence in every regard."
Strategic Team Is Focused on Reshaping the Newsroom
DALLAS -- The Dallas Morning News, a subsidiary of Belo Corp. (NYSE: BLC), provided details today about its previously announced voluntary severance program. The program is part of a broad organizational realignment, adapting print and online products to reflect evolving, fundamental changes in the use of media by consumers and advertisers in the Dallas/Fort Worth area.
Voluntary Severance
The voluntary severance program is being offered to almost all newsroom employees. It is part of the newspaper's overall strategic realignment to reduce expenses and more effectively allocate resources to areas that show the greatest potential for growth.
"As the newspaper industry adapts to fundamental changes, The Dallas Morning News is shifting resources to meet evolving reader and consumer needs," said Jim Moroney, publisher and chief executive officer of The Morning News. "Continual change is the new constant in our business, but it is not for everyone. Therefore, we are offering a voluntary severance package to those who may prefer another work environment."
The Dallas Morning News expects at least 85 newsroom employees to respond to the voluntary severance program offer. Involuntary reductions are possible if voluntary severance program participation does not match the paper's strategic realignment goals.
The voluntary offer consists of a severance payment of two weeks of base pay per year of continuous employment up to 15 years, and three weeks of base pay for each year of service that exceeds 15. An additional lump-sum payment equal to 12 months of the employee's currently applicable COBRA health care premium is included.
The voluntary severance process will follow the schedule outlined below:
August 10-August 23
Eligible employees receive and consider the offer
August 24-August 30
Eligible employees accept the offer, or not
August 30-September 14
The Dallas Morning News considers and confirms employee acceptances
September 15
Final day of work for most of the employees whose acceptance of the voluntary severance has been confirmed
Newsroom Reorganization
Bob Mong, editor of The Dallas Morning News, noted that a strategic team is focusing on reshaping the newsroom to emphasize local content while maintaining the paper's commitment to journalism, expert editing and sophisticated content. The newspaper will focus on local content produced by metro, investigative, business, sports, photo, general news, art and lifestyles staffs. Detailed plans resulting from the team's work, including a significant newsroom reorganization, are expected to be announced in November.
"We need to keep changing and adapting to the requirements of our local audience," said Mong. "As we empower reporters and photographers to employ methods in new media and digital journalism to communicate stories, our emphasis will remain squarely on excellence in every regard."