Found on a Schnucks door over the weekend:
Schnucks Door Fail
Post-Dispatch the Latest to Beg Their Employees Not to Come to Work
Add the Post-Dispatch to the list of bleeding old-media companies that are forcing everyone they can [read: non-union employees] to take a one-week unpaid furlough.
From BizJournals.com:
The St. Louis Post-Dispatch has ordered all 300 of its nonunion employees to take a one-week unpaid furlough.
The newspaper also suspended all 2009 merit raises for nonunion workers and the company match for its 401(k) program.
The Post’s parent, Davenport, Iowa-based Lee Enterprises (NYSE: LEE), is $1.3 billion in debt, mostly due to its acquisition of Pulitzer Inc. in June 2005.
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