Friday, April 10, 2020

Kansas City Star Parent Company Announces Coronavirus Furloughs & Salary Cuts

More on this later BUT things are looking exceptionally bad when the corporate class above "journalists" start taking a hit . . . Read more:

McClatchy furloughs about 115 employees to deal with the impact of coronavirus

McClatchy, owner of 30 US newspapers, announced on Thursday it will furlough 4.4% of its employees, lay off four executives and reduce some executive compensation to address the financial pressures from coronavirus.

9 comments:

Anonymous said...

It's okay, for most it is a furlough, not a layoff. I'm sure everything will be restored to normal shortly, right?

Anonymous said...

Liberal rag gets whatever comes its way. Person with real pride wouldn't work for that one sided shit tank.

Anonymous said...

Red Star employees need not apply!

Anonymous said...

That should improve the quality of their product, probably not.

Anonymous said...

A snippet from an overheard conversation at a KC Star planning meeting many years ago ... "Here's our business plan ... let's piss off about half of our potential subscribers -- many of them with disposable incomes to buy newspaper subscriptions -- by being a one-sided liberal rag so we have to eventually file bankruptcy and lay off a lot of people."

Anonymous said...

Just waiting until the assets are worth more at a fire-sale than any profit.

Anonymous said...

Hmmm, I made almost this exact same comment a few hours ago & low & behold the comment was deleted.

Anonymous said...

The Defense Production Act should be used require the Star and all of the other rags to produce toilet paper, thus eliminating a furlough, until the quarantine/lockdown is over.

Downside people would have to start wiping left handed.

Anonymous said...

Since the left-wing Kansas City Star touts Communism everyday in its Pravda edition; I would anticipate all KC Star executives and their employees to share their salaries, food supplies and homes equally in order to provide social justice to all.