Owner: The McClatchy Co.
Effective: July 20, 2012
The “equivalent of 10 positions” were eliminated. It is not clear if 10 employees were laid off, more than 10 full- and part-time employees employees were laid off, or vacant positions were eliminated with a smaller number of layoffs. Remaining employees must take five unpaid days off by Dec. 23. “The economic recovery continues at a slower-than-hoped-for pace, and revenues remain negative year-over-year,” Herald-Leader President and Publisher Rufus M. Friday wrote in a letter to the staff. “Although we’ve all been working hard to improve the revenue picture and to avoid expense cuts that impact our employees, we’ve decided additional reductions in the workforce and a second-half furlough are necessary.”