Reply #3: Another cutback today, 58 layoffs, non-union pay freeze for 600 [View All]

[CatholicEdHead]

http://www.startribune.com/business/15507122.html

The Star Tribune this morning announced the layoff of 58 employees, about 3 percent of the newspaper’s workforce, and an indefinite wage freeze for all its nonunion employees, about 600 in total.
Publisher Chris Harte cited continuing revenue declines, the efficiencies of new technology and outsourcing in a morning memo to employees.
Three-fourths of the eliminated jobs are in the circulation department, which got the news at 9 a.m. meetings.
The exiting employees will receive the same severance given to about 140 employees who took voluntary buyouts last May, which is two weeks’ pay for every year’s employment and six months of health coverage.