Thursday, April 2, 2009

New York Times Union: Fire 'Superfluous Managers' Before Docking Our Pay

From Gawker:

The New York Times would like to cut its employees pay by 5%, but before that goes into effect for reporters and other members of the Newspaper Guild, they need the union's okay. A memo that just went out after a council meeting says the Guild is loath to take the pay cut because a) they're pretty sure the 60-80 layoffs the NYT is threatening will happen with or without the pay cut and b) it would make more sense to save money by firing some of the do-nothing managers.

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