- Guild leaders met with representatives from The Chronicle and Hearst Corp. [Wednesday] morning to discuss the company’s cost-cutting proposal.
We opened the meeting by underscoring our commitment to our membership and the community to do all we can to reach an agreement that will keep The Chronicle open and return it to profitability.
The company seeks a combination of wide-ranging contractual concessions in addition to layoffs, the exact number of which the company said it did not yet have. For Guild-covered positions, the company did say the job cuts would at least number 50. Other proposals include removal of some advertising sales people from Guild coverage and protection, the right to outsource — specifically mentioning Ad Production — voluntary buyouts, layoffs and wage freezes.
We plan to closely analyze this proposal over the next few days and explore every possible alternative. Meetings will be held to discuss details with members of the bargaining unit. ...
Management reiterated its commitment to keeping The Chronicle open and to working with the Guild to secure a viable future. Despite the difficult economic environment, we are confident that by working together we can find solutions to any problems that confront us.