Wednesday, February 18, 2009

Belt-tightening in media squeezes more workers

Thousands of workers at U.S. newspapers and broadcasters are facing more layoffs, wage freezes and pay cuts as their cost-cutting owners scramble to survive an advertising drought that has become even more dire in recent weeks.

The grim conditions prompted Media General Inc. to inform its 5,600 workers Wednesday that they will be forced to take 10 unpaid days by the end of the year. Four of the days off must be scheduled by the end of March, with the remainder spread over the final six months of the year. The Richmond, Va.-based company expects the furloughs to save about $9 million, spokesman Ray Kozakewicz said.

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