[ April 26, 2024 ]
Harder! Faster! They are calling them “buyouts” but we know whats what. Anti-Trump media, embrace the suck!
Related:Embattled CNN Axes More Than 100 Jobs, Moves to Hudson Yards
First CNN now Globe And Mail To Offer Buyouts, Aims To Cut $10 Million From Operating Budget
The paper will turn to layoffs if they can’t hit their target
Story continues below advertisementNews Brief By Jaren Kerr, Canada Land, May 8, 2019
Globe and Mail staffers received some unfortunate news at a midday town hall Wednesday, where publisher Phillip Crawley told attendees that the newspaper is cutting costs by cutting staff.
“The company wants to reduce the portion of its operating budget dedicated to labour costs by $10-million annually,” Mason Wright, the chairperson for the Globe unit of Unifor 87-M, told Canadaland in a Twitter message. “They are offering a ‘voluntary separation package,’ and if they don’t hit the $10-million target with voluntary departures, they’ll turn to involuntary dismissals to make up the difference.”
Wright told Canadaland that employees from all departments, unionized and non-unionized, will be eligible for a voluntary buyout. In a memo to union members (embedded below), Wright wrote that union leadership asked the company for “more generous voluntary separation terms in an effort to minimize the impact on the workforce, but that suggestion was rejected.”
The deadline to apply for a voluntary buyout is May 29.
The Globe offered voluntary buyouts to employees in 2016, aiming to cut 40 employees.
Wright said the paper currently has “about 635” employees.
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36 Comments
4 years ago
If it weren’t for airports and office lobbies, I doubt CNN could survive.
4 years ago
Reply to
Hector Stull
Its at keast 15% of their audience and they pay for the space,especially at airports.
4 years ago
GAH! PAAAAAAMM!!!!! quit giving them free publicity! SHAME ON YOU!
MEH!!!!
gak…
choke
(* vomits *)
4 years ago
Hahahaha!
CNN is the least trusted “news” . As rating go DOWN, layoffs go UP as advertisers runaway from them.
All the corrupt loyalty never pays off for the grunts who do the actual work.
3/30/2017 
4 years ago
EW, so Robert Browning reverses a PEDOPHILE Mohammad?
No real surprise.
4 years ago
4 years ago
Reply to
AR154U☑ᵀʳᵘᵐᵖ DEPLORABLE 2020
Why? They already speak in code (called ForkTung). Flipping burghers requires a whole new honest skill set.
4 years ago
Executive salaries are TOP,… TOP priority !!!
Harvard Grads gotta eat !!!
4 years ago
Muslums would never lie about their name would they Farshad Al Fuqtard? Don’t you have some unlucky little boy or goat you should be molesting for allah the barbarian somewhere?
4 years ago
learn to coooooode
4 years ago
This is what happens when you go from reporting the news to making up the news. People lose faith in what you have to say because of the bias. Even the folks that side with you know it is propaganda.
4 years ago
I’m tired of liars. Period.
4 years ago
Reply to
M. Marsares
R U familiar w/the commandment that states: “Thou shall not lie or bear false witness?”
4 years ago
Reply to
M. Marsares
Retard? It’s like I’m back in school. I knew an R. Browning back then. He’s in therapy now. Explains why the teacher gave him candy bars and really good grades.
4 years ago
The wages of fake news is falling ratings,loss of advertisers,and jobs.
4 years ago
After they go then go after MSNBC!
4 years ago
Flush em
4 years ago
This is news !
4 years ago
I can’t wait for them to go bankrupt!!!!
4 years ago
Did your EBT sucking libturd goat raping breeders have any offspring that lived or even had a brain cell that made it past the 2nd grade? Can’t fix STUPID with parasitic feral animal muslim libturd trolls!
4 years ago
Reply to
patd
You’ve just proven how totally ignorant you ignorant feral animals are to anyone who couldn’t see it before! Keep sucking on that goat or that swine that you love to do in hiding so much. The only thing serious about you is your STUPIDITY! Now quit stealing everyone’s oxygen and go tell your breeders that you are a total failure. But if you feel froggy punk you can come jump down this way and make sure that you bring your moshiached to the gun fight parasite boy!
4 years ago
Reply to
patd
You really are the dumbest camel sucking parasitic feral animal ignorant libturd troll posting anywhere. Keep sucking off your goat and raping your swine that you love so much! But ignorant perverted trolls like you always get blocked!
4 years ago
Reply to
patd
You’ve just proven how totally ignorant you ignorant feral animals are to anyone who couldn’t see it before! Keep sucking on that goat or that swine that you love to do in hiding so much. The only thing serious about you is your STUPIDITY! Now quit stealing everyone’s oxygen and go tell your breeders that you are a total failure. But if you feel froggy punk you can come jump down this way and make sure that you bring your moshiached to the gun fight parasite boy!
4 years ago
Well done.
