Friday, December 18, 2009
SacBee wants to cut severance pay
The Sacramento News Review reports that management at the Sacramento Bee wants to reduce the severance pay workers would get if they're laid off. Currently, the maximum severance pay allowed is 40 weeks. A new proposal would cut that to 26 weeks. The Guild, which obviously isn't happy about it, says the Bee just wants to make it $10,000 to $20,000 cheaper to lay off some of the paper's most veteran employees.
Posted by San Francisco Peninsula Press Club at 9:45 AM