First, I wondered whether The Honolulu Advertiser was leading the job-cutting train again when I wrote about the paper's ominous memo to employees last week. "The execs are telling staff that $5 to $10 million has to be cut,'' a reader just reminded me today. "Nothing will be spared: phone room, out; distribution, out. Slash and burn."
Then, yesterday, we got a report that publishers across the company were being asked to develop "contingency plans'' for budget cuts under three different scenarios: 3%, 5% and 7.5% -- possibly more.
So, I'm putting those together -- and turning to you. What do you hear about big budget revisions at your worksite? Your replies in the comments section, below, could be our early warning. To e-mail confidentially, write gannettblog[at]gmail[dot-com]; see Tipsters Anonymous Policy in the green sidebar, upper right.
[Image: today's Advertiser front page, Newseum]
Wednesday, October 15, 2008
1 comment:
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AT The Honolulu Advertiser, we've replaced bottled water with filtered water system. We've taken out the second paper towel roll in each bathroom in the building. Yet the paper continues to pay $300,000 to have it's name sponsoring the Ala Moana Shopping Center's center stage, and sponsors fun runs and other community events at the same time employees are being laid off and told that the paper has to cut $5 million to $10 million. Makes no sense.
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