Springfield, Ill.: Three execs at once....

[OnTheRiver]

http://www.sj-r.com/News/stories/20460.asp

Three top executives at The State Journal-Register have announced their resignations effective Dec. 14.

Publisher Sue Schmitt, editor Barry Locher and managing editor Robert Pope each cited personal and professional reasons in notices to the newspaper staff on Tuesday. Each also said the decisions were voluntary and were reached independently.

I know Robert Pope from workshops -- a good guy. I don't know the other two.

My understanding is that Gatehouse offered buyout packages recently to the paper's employees -- week of pay for every year of service and 90 days of healthcare.

Anyone else heard anything?

 

[Big Buckin' agate_monkey]

http://www.sj-r.com/News/stories/20460.asp

Three top executives at The State Journal-Register have announced their resignations effective Dec. 14.

Publisher Sue Schmitt, editor Barry Locher and managing editor Robert Pope each cited personal and professional reasons in notices to the newspaper staff on Tuesday. Each also said the decisions were voluntary and were reached independently.

I know Robert Pope from workshops -- a good guy. I don't know the other two.

My understanding is that Gatehouse offered buyout packages recently to the paper's employees -- week of pay for every year of service and 90 days of healthcare.

Anyone else heard anything?

This is correct.

 

[SixToe]

Sounds like a big "**** you" to the ownership.

 

[old_tony]

If only that had happened at my shop. The publisher and editor are a huge part of the reason morale at our place is at an all-time low.

 

[CarlSpackler]

FUUUUUUUCK YOOOOOOOU GAAAAAATEHOUSE (chanted to tune of "Rock Chalk Jayhawk." Think about it, it's catchy).

 

[Overrated]

Wow. Talk about getting confused by the thread title.

I was about to give you props, OTR. I can't even pull two mail room chicks at once.

 

[Italian_Stallion]

I can't imagine who'd find such a buyout reasonable. The only person who might be interested is the 40-year-old guy who wants to travel for six months and already has a fallback plan for what he'll do when his checks stop rolling in. I suppose it's better than a layoff or a firing. Makes me wonder just how many people offered to leave.

 

[ServeItUp]

They're getting worse, Mr. Balboa. I seem to remember a chain laying off some staff that offered a MONTH of pay for every year of service. And now we're down to a week of pay? God almighty...

 

[ballscribe]

Our place right now (I think the deadline has passed) has it at 4 1/2 weeks, up to 78 weeks max.