S Stitch Active Member Joined May 28, 2007 Messages 8,970 Mar 23, 2009 #1 Not a surprising move. There are rumors that the company may cut 100 jobs throughout the chain in the next round of layoffs.
Not a surprising move. There are rumors that the company may cut 100 jobs throughout the chain in the next round of layoffs.
B bob Member Joined Jan 29, 2008 Messages 219 Mar 23, 2009 #2 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.
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.
J jps Active Member Joined Aug 24, 2005 Messages 2,672 Mar 23, 2009 #3 think that this is among the first steps at this point.
RickStain Well-Known Member Joined Jan 27, 2009 Messages 25,530 Mar 23, 2009 #4 Wick Communications, which owns a couple of ND papers, did the same thing.