Posted on 08/25/2008 12:13:56 PM PDT by abb
The Bee offered voluntary buyouts to the majority of its full-time employees today and hinted that another round of layoffs is possible as well.
The buyouts represent the latest round of cost cutting at The Bee, which is facing a big slump in advertising revenue. Two months ago the newspaper eliminated 86 jobs as part of an across-the-board layoff ordered by its parent, The McClatchy Co. of Sacramento. McClatchy imposed a companywide wage freeze two weeks ago.
But Bee executives said today they needed to make more cuts. The economic downturn has deepened and The Bee, like the rest of the newspaper industry, continues to struggle with the migration of business to the Internet and other media.
"It's about continually looking at your work force and looking at your economic projections and trying to bring those in line," Bee Publisher and President Cheryl Dell said. "We thought that we had that two months ago, but with the worsening economy, we just need to do more."
She added that bankruptcies of several advertisers, including Room Source, Linens N Things and Mervyns, has contributed to the uncertainty.
Dell said another round of layoffs is possible if there aren't enough voluntary buyouts. But she said it was "premature to establish a target or quota" for the buyouts. The buyouts were offered to 55 percent of the paper's full-time employees and a smaller number of part-timers, she said. About 44 percent of all employees are being offered buyouts.
The buyout program was announced just a few weeks after The Bee unveiled a redesigned, smaller format for its printed paper, another move largely aimed at cutting costs.
snip
(Excerpt) Read more at sacbee.com ...
ping
http://poynter.org/forum/view_post.asp?id=13562
Sacramento Bee buyouts memo
http://www.mysanantonio.com/news/columnists/robert_rivard/Amid_the_echo_of_bad_news_a_few_words_of_optimism.html
Amid the echo of bad news, a few words of optimism
http://www.cleveland.com/readers/index.ssf?/base/opinion-0/1219480442114810.xml&coll=2
News on the Web is built on a firm paper foundation - Ted Diadiun
http://gannettblog.blogspot.com/
Reports: Asbury Park Press laying off 120 drivers
Not good enough. They are still cutting meat. I want bone. I want entire limbs lopped off until the whole thing is gone. Begone SacBee!
I think the term Bee Gone is appropriate. Hehehehe.
They didn't offer buyouts to their minority full-time workers?
Racists.
/s
How much were the buyouts worth?
NONE OF YOUR SACRAMENTO BEESWAX!
Awwww.....this just breaks my heart. :-D
Just a few weeks after that the publisher of the Bee, Ms Janis Heaphy, was booed off the stage at a local university as she condemned the Bush administration for being "mean" to suspected terrorists.
The Bee employees decried the ignorance of those in the audience.
Bee employees joined CAIR to get a local talk show host to cancel an interview with Daniel Pipes, according to the talk show host.
A Bee slogan on their trucks said, "A continuing education."
Next time, concentrate on the news! Leave the propaganda to the Rat Party (formerly the traditional, patriotic Democratic Party).
http://www.phillymag.com/news/2008/08/25/inquirer-daily-news-to-shed-more-staff/
Inquirer, Daily News to Shed More Staff
http://blogs.westword.com/latestword/2008/08/denver_post_tries_to_squelch_s.php
Denver Post tries to squelch shut-down rumors in memo that says the Rocky would close first
http://www.kansascity.com/382/story/765191.html
Star offers buyouts to most employees
http://www.kansas.com/business/updates/story/505922.html
Eagle offers voluntary buyouts to all employees
http://www.poynter.org/column.asp?id=123&aid=148988
Newspaper Company Dividends — R.I.P?
http://www.cpnonline.com/cpn/content_display/regions/midwest/chicago/e3i67f2ad037eba0dd6769bcf6028ca94db
Zell: Is the Grave Dancer Finally in Grave Trouble?
http://www.dailycal.org/article/102298/editor_s_note
Editor’s Note
By Bryan Thomas
Sunday, August 24, 2008 | 9:37 pm
The Daily Californian is in a difficult financial condition, and with the beginning of our fall production cycle this week, we are implementing a number of changes that impact the community and campus we serve.
In short, beginning next week the Daily Cal will no longer be publishing a Wednesday edition of the newspaper, though we will maintain a full online edition. We will also be scaling back the size of our staff and reducing compensation.
Just a few weeks after that the publisher of the Bee, Ms Janis Heaphy, was booed off the stage at a local university as she condemned the Bush administration for being "mean" to suspected terrorists. The Bee employees decried the ignorance of those in the audience."
"Bee employees joined CAIR to get a local talk show host to cancel an interview with Daniel Pipes, according to the talk show host. " -----------------------------------------------------------
Thanks for posting the love of the Islamofascists versus slaughtered innocent Americans on 9/11.
For Decades before, the Bee tried to defeat Prop 13 and many of their editors and political op ed writers like Dan Walters blame Prop 13 for everything they don't blame President Bush for.
The Bee has supported every green Whacko and anti American whacko for decades.
Good bye to a miserable group of anti American mediots.
“I think we should be carefull what we ask for....
I don’t see much hard reporting being done in the Blog-O-sphere.”
No problem, in the over 3 decades of personal monitoring of the Bees, I have never noted any real reporting.
They push the liberal agendas 24/7/365.
>>They push the liberal agendas 24/7/365.
Wouldn’t doubt it; but I think I’d rather see the enemy in plain view - rather than hidden among millions of balkanizing, dis/mis informational web pages.
I also observe that, as much as we like to poke fun of the MSM here on FR, the FR model depends primarily upon the MSM’s articles to drive its discussion threads.
So really, the “Dinosaur Media DeathWatch”is also the FR DeathWatch.
As far as I'm concerned it's: Sayanara you suckers!!! You've sucked off Sacramento and "Superior CA" long enough!!!
I don't hate 'em, but I dislike 'em with EXTREME PREJUDICE!!!
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