Wednesday, March 18, 2009

Star Tribune reports its pressmen have approved contract with layoffs, pay cuts

The Star Tribune says its pressmen have ratified a contract that includes layoffs and pay cuts in an effort to keep the newspaper afloat.

The newspaper said the contract was approved Tuesday night by a vote of 72-5 and will save the company about $3.5 million a year.

It says terms include wage reductions, 24 layoffs and reduced manning requirements on the newspaper's presses.

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