Name: Lee Enterprises announces pay cuts and furloughs - Poynter
Brand: poynter.org
SKU: poynter-org-23
Availability: OnlineOnly

critic

Lee Enterprises announces pay cuts and furloughs - Poynter

preview

Lee Enterprises joined the list of news organizations hit hard by the coronavirus on Tuesday. In a memo to staff that Poynter obtained, Lee President and CEO Kevin Mowbray thanked employees “for being there when it counts most.” The news of pay cuts and furloughs came nine paragraphs later. Unfortunately, even our best efforts cannot overshadow the fact that our advertising revenue has been dramatically impacted now and for the near future. To ensure our own sustainability, it’s important that we manage the economic impact to our company. The sacrifices we make now will minimize the long-term damage the pandemic could have on our business. Consequently, we are implementing a combination of pay reductions and furloughs. In the third quarter, the executive team will be taking a 20% reduction in pay on top of a pay reduction implemented in Q1. All other employees will be subject to either a pay reduction or furlough equivalent to two weeks of salary also in the third quarter. We do not take these actions lightly and fully understand the sacrifices being made. Our goal is to ensure we weather the difficult days ahead and emerge stronger together with opportunities to grow our business when the pandemic passes. Lee owns newspapers , including the St. Louis (Missouri) Post-Dispatch, the Tulsa (Oklahoma) World and the Omaha (Nebraska) World-Herald. At the beginning of the year, the company , including The Buffalo News, from BH Media Group for $140 million. Lee isn’t the only media company to be hit by economic pains from the coronavirus pandemic. On Monday: Previously BuzzFeed , and around the country, alt-weeklies are . Poynter is tracking layoffs, furloughs and closures. If you know of any,Support high-integrity, independent journalism that serves democracy. Make a gift to Poynter today. The Poynter Institute is a nonpartisan, nonprofit organization, and your gift helps us make good journalism better.Tags: , ,The New York Times bought The Athletic for $550 million in January and is looking for a return on its hefty investment.The NYT reporter's book includes an eyebrow-raising quote from Trump about not leaving the White House. Should she have shared it sooner?Plus, new college rankings reignite fights over who’s in and who’s out, some states will tax student loan forgiveness, and more.Queen Elizabeth II died at age 96 on Sept. 8, but rumors that it was because of a COVID-19 vaccine are unfounded.A sense of national unity seems like an impossible dream in 2022.Start your day informed and inspired.Get the Poynter newsletter that's right for you.

Lee Enterprises joined the list of news organizations hit hard by the coronavirus on Tuesday. In a memo to staff that Poynter obtained, Lee President and CEO Kevin Mowbray thanked employees “for being there when it counts most.” The news of pay cuts and furloughs came nine paragraphs later. Unfortunately, even our best efforts cannot overshadow the fact that our advertising revenue has been dramatically impacted now and for the near future. To ensure our own sustainability, it’s important that we manage the economic impact to our company. The sacrifices we make now will minimize the...

public

I teach critical skills for local news and work/life chemistry @Poynter, write obits for @TB_Times, author of 100 Things Tampa Bay, she/her, khare@poynter.org

Kristen Hare

School for journalism and democracy, with tweets by @itsren, @kristenhare, @TomWJones and @angelanfu. Contact: info@poynter.org / 727-821-9494

poynter.org

Credible

Speculation

Anecdotal Evidence

Generalization

Stacking the Deck

Appeal to Authority

Straw Man

Slippery Slope

Emotional Appeal

Red Herring

False Dilemma

Illogical

Moral Equivalency

Ad Hominem

Correlation w/o Causation

Semantics

Begging the Question

Faulty Analogy

Non Sequitur

Bandwagon

Dogmatism

Failing Occam's Razor

Biased

Pure Opinion

Hit Piece

Racial Bias

National Bias

Religious Bias

Financial Incentive

Political Agenda

Gender Bias

Misused Image/Video

Study Misinterpreted

Mistake

Misused Term

Science Misrepresented

Factual Error

Satire

Surface Level

Lack of Reliable Sources

Sensational

Not Credible

Investigative

Balanced

Well Sourced

Great Context

sports

entertainment

U.S.

international

business

technology

science

culture

politics

media

health

Lee Enterprises announces pay cuts and furloughs - Poynter

No article scores yet.

CRITIC REVIEWS

PUBLIC REVIEWS