Editor: Don Bauder, the best blogger of the San Diego Reader, reports that Union-Tribune employees are getting nervous … again … about the future of the City’s daily. And for good reason ….
by Don Bauder / Scam Diego – San Diego Reader / March 21, 2011
Union-Tribune employees are wondering once again just who will own their company, or whether the U-T could be folded into a conglomeration of Southern California papers.
Two management missteps fomented the worry.
First, the company said early this year that employees who had stockpiled vacation days (as layoff cushions) should bring their cumulative weeks down from 8 to 5 at a modest pace. Then, suddenly, employees were told to get down from 8 to 5 by April. Obviously, there was fear that the company is trying to get cumulative vacations off the books.
Second, both employees and retirees who are on defined contribution plans were told without warning that they would be getting their checks from a different bank and should consult a different firm for pension advice. (At least, they were told that there will be no change in pension benefits.)
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