Involuntary pay reductions | Arkansas Blog

Wednesday, January 14, 2009

Involuntary pay reductions

Posted By on Wed, Jan 14, 2009 at 12:44 PM

I mentioned yesterday a new program at the Democrat-Gazette seeking employees willing to take voluntary reduction of hours as a cost-cutting tool. (And, I was told today, this plan was imposed at other Hussman-owned newspapers in Arkansas, as was an earlier  wage and hiring freeze.)

Could be worse. Gannett today told its thousands of employees -- who include workers at KTHV in Little Rock and the Baxter Bulletin in Mountain Home -- that they must take a week off without pay in the first quarter of this year.

Lots more at the blog run by Jim Hopkins, former business editor at the Arkansas Gazette.

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