Guild Criticism Targets McClatchy CEO Pruitt in Job Cutbacks

Editor & Publisher by Joe Strupp | Jun. 17, 2008 (News Report)

"The Guild does not believe it is sensible that Mr. Pruitt is allowed to keep his $800,000 performance bonus from last year, even though McClatchy stock has lost 71% of its value.

"The Guild does not believe downsizing is the best approach to our future and believes McClatchy and the Herald-Leader would be more successful by strengthening core departments and improving Web sites, while seeking additional venues for its quality products." Full Story »

Posted by Beth Wellington

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Jeff Clark
2.8
 by Jeff Clark - Oct. 1, 2008

Unions complaining about layoffs is a dog bites man story unless the article gives the background and different points of view on the situation--which this one doesn't. On the same E&P site "Behind McClatchy Layoffs--A Mountain of Debt" will give you more info, but a lot of questions remain regarding Pruitt's pay and McClatchy's plans.

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