About 500 union workers at Plain Dealer to take 12% wage cut to help Ohio's largest newspaper deal with slumping ad revenue
June 19, 2009
– About 500 union workers at The Plain Dealer in Cleveland will take a 12 percent wage cut to help Ohio's largest newspaper deal with slumping advertising revenue.
The drop is the combination of an 8 percent pay cut and 11 unpaid days off. The agreement was finalized Thursday.
Newspapers around the country have made similar moves in the struggling economy.
Union officials said members of the Northeast Ohio Newspaper Guild Local 1 and Teamsters Local 473 agreed to the cuts to avoid more layoffs.
The newspaper has laid off 55 union employees since last year. In March, nonunion employees took a pay cut and 10-day furloughs.
The Plain Dealer is owned by Advance Publications Inc. and has a daily circulation of about 345,000.
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