Thursday, February 5, 2009

Times seeks more cuts; group urges P-I purchase

The Seattle Times has asked 11 unions to reduce the payroll and benefits expenses of company employees they represent by 12 percent, The Times told its staff Wednesday.

"The overarching message was one of survival," Senior Vice President Alayne Fardella said in a memo. The Times seeks "these concessions now, rather than waiting for a new round of contract negotiations. We simply cannot afford to delay."

The company told union representatives it wants the cost savings to kick in by March 31, said Liz Brown, administrative officer of the Pacific Northwest Newspaper Guild, The Times' largest union.

}}} full story {{{

No comments: