Robservations on the media beat:
Salary reductions were announced Thursday for employees at the Chicago Tribune as parent company Tribune Publishing seeks to offset "sharp declines" in advertising revenue due to the coronavirus shutdown. Effective April 19, the company will permanently reduce the base pay of non-unionized staffers on a sliding scale of up to 10 percent, with those earning more taking steeper cuts. Employees have until April 17 to decide whether to accept the salary reduction or leave the company and receive severance. Tribune Publishing CEO Terry Jimenez, who’ll take a 13.8 percent pay cut along with Tribune Publishing board members, said in a memo to employees: “We also will pursue cost savings within our unionized workforce with measures that will affect both employees covered by existing collective bargaining agreements and employees who are not.” In response, Megan Crepeau, president of the Chicago Tribune Guild (which represents newsroom employees), tweeted: “Has the gap between Tribune corporate and Tribune journalists — the difference in empathy, courage, perseverance — ever been so wide? We're risking our health to inform readers about a worldwide pandemic. In return they deny us sick leave and try to cut costs.” Continue reading