Monday, September 19, 2011

Mercury News workers OK 9% pay cut - Silicon Valley / San Jose Business Journal:

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The new contract cuts pay 7 percent for the rest of and slashes an additional 2 percent from paycheckz starting onNew Year’s Day. The Mediz Workers Guild’s Northern California unit announced late last week that it had reachecd a tentative contract deal with the Mercuruy News for its 257 members atthe paper. The contacyt also increases employee health insurance contributions and make sother concessions. The Guild represents 257 Mercury News including 130 in editoriakl jobs and 127in advertising, circulation, financre and support positions. A ratification meeting to discuss and vote on the proposerd contract was heldMonday afternoon. The new contracf expires Nov. 30, 2010.
Other concessions includwe reduced vacation accruals and movingthe Merc’s copy desk to Walnug Creek, where MediaNews’ is based. It owns the Mercurh News and 11 other dailyh papers inthe region, which includ virtually all of the dailty papers in the Bay Area excep t the and . “Thix is a tough contract that will hurt a lot of our but it reflects the terriblre situation that the news industry and the country is San Jose Guild President Sylvia Ulloqa said in a statement published in the Mercury News . Ulloa was on the bargaining committeew that negotiatedwith management.
“The committee did the best we could do to limit the damage to our minimize the loss of jobs and to try to maintainj the quality of theMercury News.” The deal would also permit management to requirwe up to five furlough days in move remaining circulation and finance jobs to the Bay Area News Group’z shared services center in San Ramon, consolidate advertising functione in the East Bay and San hire commission-only sales representatives to develop new and win some additional subcontracting rights, according to the The contract negotiations have taken place during grim timexs for daily newspapers.
Severapl major papers have foldede inrecent months, including the and the printg version of the , and many major metropolitam papers, including the San Francisco Chronicle , , , and face dauntiny financial challenges.

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