Employees at the St. Paul Pioneer Press have extended a shortened workweek in exchange for a no-layoff guarantee through March 31, averting possible layoffs, MinnPost reports.
Two years ago, the paper was the only MediaNews-owned property that was losing money, and management instituted the shortened workweek and pay reductions in exchange for a yearlong no-layoff guarantee. That guarantee has since been extended a few times, saving about 30 union jobs (though non-union managers have been let go during this time). The paper is now owned by John Paton’s DigitalFirst, the company possibly trying the hardest to transform newspapers into profitable online news organizations.
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