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According to multiple sources inside the Press-Register, the management of Mobile’s daily newspaper has made a buyout offer to its employees in an effort to cull the number of people on the payroll, Lagniappe has learned.
According to sources, the buyout is an across-the-board offer to all P-R employees. It is said to be an offer of two weeks pay for every year of employment in exchange for leaving the newspaper. New P-R Publisher Ricky Mathews, who also has oversight over Newhouse’s other Alabama newspapers, the Huntsville Times and Birmingham News, has not yet responded to calls to discuss the buyout offers.
A report from mediaofBirmingham.com says employees in Huntsville and Birmingham also received the buyout offer yesterday. In Birmingham, this is the third buyout offer in 16 months. Birmingham News Publisher Victor Hansen III recently retired as well, although the News is said to be looking for a new publisher.
We understand the buyout offer is one week per year of service for part-time employees, and that the maximum amount of pay that can be taken is six months.
The buyout offer comes less than two months before the now-famous “Newhouse Pledge” is set to expire Feb. 6. That pledge was one the company made to employees saying it would never lay them off due to financial reasons. The company reneged on the pledge recently after a severe financial downturn.
Despite the buyout offers, the company has made statements that there would be no layoffs after the pledge expires. The buyouts are limited to non-union employers.
Those who have spoken with Lagniappe on condition of anonymity say the buyout offer is frightening with the looming date of Feb. 6 fast approaching. Most fear layoffs will come and are contemplating getting out with something now rather than nothing later. Some have even said they are contemplating getting out of journalism altogether. However, others enjoy their work and are saddened by the state of the P-R’s finances in specific and the Newhouse Corporation in general.
Many newspapers across the country are also laying off or buying out older, more highly paid employees in an attempt to lighten their financial burdens as they face enormous downturns in advertising and readership. While all blame their woes on the Internet and the movement of readers to the Web, some media observers have started to also blame the dumbing down of the news product offered at many chain newspapers and the lack of focus on telling local stories that can’t be easily gotten on the Web.
Most chain-owned dailies continue to fill the majority of their pages with wire copy and syndicated articles that come at a cheaper price, but also can easily be read online a day or two before being available in the newspaper.
There is no word on whether the buyout offer has an expiration date, or what specific reduction goals the paper would like to achieve.
wadekwon says:
December 13, 2009
09:55 PM
Er, I'll try that again.
Thanks for the Media of Birmingham mention.
Here's our post from last week:
http://mediaofbirmingham.com/2009/12/08/exclusive-birmingham-news-offers-buyouts-to-employees-across-the-board/
wadekwon says:
December 13, 2009
09:55 PM
Thanks for the Media of Birmingham mention.
Here's <a href="http://mediaofbirmingham.com/2009/12/08/exclusive-birmingham-news-offers-buyouts-to-employees-across-the-board/">our post from last week</a>.
jams4dad says:
December 11, 2009
10:40 AM
Once upon a time books were transcribed by monks and chained to the desk. Along came the printing press and the monks were put out of business. Newspapers are going to have to figure out how to use the new delivery system, Internet, or be ready to join the monks. Some of them have. There are some really good newspaper published websites out there. Unfortunately the Mobile Register site is not one of them. These other newspaper sites must be profitable because of the advertising that they have in the form of graphic and video.
skoot1200 says:
December 10, 2009
10:25 AM
<Skwaaaak> "Liberal Media!" <Skwaaak> " Liberal Commies!" <Squaaak> "Rush Limbaugh is God" <Skwaaak> "Polly want a cracker!"
jagsouthern says:
December 09, 2009
09:16 PM
Mainforce...you must be off your meds. Newspapers are changing because society is changing...ain't got nothing to do with liberal reporting as you may note the increase in online news editions and political blogs. Local papers live off ad revenue and that is being spread around to other medias. The "commies are coming" mindset was popular in the '80's. I read the paper daily and get onlines news as well.
mainforce says:
December 09, 2009
08:54 PM
When the papers begin to again repore the facts instead of their liberal (communist) line, the readership will increase.
Mainforce
mainforce says:
December 09, 2009
08:49 PM
Hasn't anyone noticed? The only newspaper that is gaining circulation in the US is the Wall Street Journal. At least the Journal still adheres to the Constitution and the principles of the founding fathers, and reports the unvarnished truth.. We are tired of the so called mainstream media that only repeat the Communist line that they learned in the liberal arts collece or university of their choice.
We have had enough of this communitarian crap. Those of us that can still read and write have had enough! Those who can't read and can't think vote Democrat, but they don't buy newspapers because they have mush for brains. The communists at Spring Hill and USA can go eat the red dirt under their schools. When the revolution comes they won't be able to buy turnip roots.
People who think straight buy newspapers with knowledgable, thoughtful and accurate content.
Mainforce.
curiousgeorge says:
December 09, 2009
07:11 PM
Fiddle... you do realize that the only revenue generated by any media outlet is advertising dollars? You also realize that staffing is directly related to revenue - coverage is directly related to staffing. So, how about all of those businesses in those small towns run an ad in the local paper... local tv or local radio station and MAYBE we can turn this battleship around.
fiddledede says:
December 09, 2009
04:24 PM
Its too bad, so much important local news goes un-reported in the small towns in Baldwin county. The commercial media has failed us, so far.