Thursday, March 12, 2009

Blade to explore layoff, buyout options

The Newspaper Guild (TNG) will meet with The Blade March 13 to discuss the company’s intent to layoff and to explore buyout options, Lillian Covarrubias, president of the Toledo local TNG confirmed March 11.

In an e-mail to TNG members, Covarrubias wrote, “The Guild will again ask the company to explore buyouts, and voluntary layoffs first instead of layoffs as a way of dealing with the company’s economics. We will continue to seek ‘equity of sacrafice’ on the company’s part.”

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