Journal Communications told employees Thursday that wages are being reduced by 6% for most of them. The reductions, which apply across the newspaper division and Journal Broadcast Group, were blamed on the weak advertising environment.
“There is a high probability that this environment will continue for at least the balance of 2009,” said CEO Steven Smith in a letter to employees reported by the website of the flagship Milwaukee Journal Sentinel. Employees will also get 10 additional personal days off.
The pay cuts and time off affect executives, managers, market managers, supervisors, as well as corporate staff. The company is also asking on-air broadcast talent and most union employees to negotiate payroll reductions, the newspaper reported.