Monday, March 23, 2009

Newark Star-Ledger to stop pension contributions

The publisher of New Jersey's largest newspaper says it will stop contributing to its employee pension plan May 15 because of a decline in advertising revenue.

George Arwady says The Star-Ledger of Newark also is requiring its 530 full-time employees to take 10-day unpaid furloughs.

}}} full story {{{

No comments: