Or learn to Covid. 
Posted on 04/23/2020 5:04:50 AM PDT by abb
After instituting pay cuts across its nonunion employees earlier this month, Tribune Publishing announced it will furlough employees across the company.
Staffers will take three-week furloughs in one-week increments between May and July of this year to “ensure financial stability,” but will retain health benefits during those periods. Furloughs effect nonunion employees who make between $40,000 and $67,000 per year, the Chicago Tribune reports.
As an alternative to a furlough, employees have the option of receiving a severance package and leaving the company.
The move comes as the company experiences a further decline in advertising revenue amid the COVID-19 pandemic.
“Despite strong engagement with our journalism, the impact on advertising has been profound,” CEO Terry Jimenez said in a memo to employees.
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“Statewide stay-at-home orders have been extended beyond initial government orders, and as a result, we will need to take additional measures to ensure the financial stability of the company.”
Tribune’s newsrooms are largely unionized or working toward creating a union, leaving the impact of the furloughs unclear. However, Jimenez’s memo noted that the company is exploring cost-cutting measures across its unionized staffers, as well.
Tribune Publishing owns the Chicago Tribune, Baltimore Sun, Hartford Courant, Orlando Sentinel, South Florida Sun Sentinel, New York Daily News, the Capital Gazette in Annapolis, Maryland, The Morning Call in Allentown, Pennsylvania, the Daily Press in Newport News, Virginia and The Virginian-Pilot in Norfolk, Virginia.
Tribune Publishing offered buyouts, unrelated to the COVID-19 pandemic, to staff earlier this year, following Alden Global Capital, LLC’s acquisition of 9,071,529 shares of the company. The shares gave Alden a majority stake in Tribune Publishing.
Alden, known for stripping newspapers of staff and resources, runs its publishing division under the name MNG Enterprises.
Jimenez took over the post of CEO after Time Knight stepped down in February.
Separately, newly launched tech outlet Protocol reportedly laid off 13 of its staff across business and editorial.
Protocol was launched by Politico’s publisher in February with more than 25 reporters.
The layoffs were announced in a joint memo sent by president Tammy Wincup, executive editor Tim Grieve and publisher Robert Allbritton, reports Adweek.
They wrote: “The coronavirus crisis has done nothing to shake our faith in Protocol’s mission or our long-term opportunity, but there’s no denying that the pandemic has profoundly changed the economic realities of the present — for tech, for journalism and for Protocol.”
Executives at the company are also taking pay cuts, the memo stated.
All far-left papers, I think.
Yes, Chicago, Orlando, Ft. Lauderdale, Baltimore, etc.
https://en.wikipedia.org/wiki/Tribune_Publishing
https://www.poynter.org/business-work/2020/tribune-publishing-implements-broad-furloughs-on-top-of-last-weeks-pay-cuts/
Tribune Publishing implements ‘broad furloughs’ on top of pay cuts from earlier in April
https://www.npr.org/2020/04/21/840522609/chicago-tribune-reporters-face-tumultuous-times-during-pandemic
‘Chicago Tribune’ Reporters Face Tumultuous Times During Pandemic
https://www.poynter.org/business-work/2020/here-are-the-newsroom-layoffs-furloughs-and-closures-caused-by-the-coronavirus/
Here are the newsroom layoffs, furloughs and closures caused by the coronavirus
https://www.foxla.com/news/journalists-face-local-newspaper-layoffs-as-3-l-a-times-community-papers-fold
Journalists face local newspaper layoffs as 3 L.A. Times community papers fold
Good opportunity for Bezos to buy more blogs.
Far Left is putting it mildly - outright America hating communist would be a more accurate description. Especially of the once conservative Chicago Tribune.
Got woke, went broke. Maybe their history of propaganda will shake a few bailout bucks out of Pelosi?
I have a great feeling of pleasure watching these filthy pricks go down. Especially my local rag sheet, The Allentown Morning Call. Die, you MoFo’s, DIE!
As a retired old-school newspaperman, all I can say is ... KARMA!
These leftist hacks disgrace my profession with every story they write. I wouldn’t want to be them when they have to account to the Lord for their misspent, mendacious careers.
Learn to code LOL
Learn to code.
Bernard Goldberg exposed the press 20 years ago in his book Bias. I’m shocked it took so long. The dominos are going to fall.
Thanks for responding to my post.
I can tell you from my own experience that professional standards were a lot higher at the hometown press level than at the major metro newspapers.
For example, we would only allow anonymous sources in the rarest of circumstances, and usually after vetting with our attorneys.
The NYT couldn’t publish a single edition using only named sources.
Die commie scum...or sumthin
I wonder how the TV ‘journalists’ are going to like the lockdown when they finally come to the realization that without ad revenue, they will have no job. They are all so smug reporting how they want a stay at home order till at least the 4th of July, or whatever, when it comes crashing down, it will be comical, but they’ll still be leftists.
Or learn to Covid.
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