Monday, July 09, 2007

Peninsula Press Club: Chron layoffs loom; too few take buyouts

Layoffs could be ahead in the Chronicle newsroom because the number of employees who have so far accepted buyouts has fallen short of the company's goals, local Guild president Michael Cabanatuan (pictured) tells the East Bay Express.

Before this round of layoffs began, the Chronicle had about 400 people in its newsroom. Management has said it wants to cut 100 newsroom employees — 20 from management and 80 from the union. The 20 managers were cut first. Cabanatuan says about 50 union workers have accepted the buyout offer, which is two weeks of pay for every one year of service, topping out at one year of pay. If layoffs were to occur, the Guild contract calls for employees with the least seniority to be cut first.

Click on link below for remainder of article.

Peninsula Press Club: Chron layoffs loom; too few take buyouts

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