Thursday, August 02, 2007

Seven More

In all the excitement of Spanish and centigrade, I almost forgot. My newspaper laid off seven people on Tuesday - one from the newsroom. We were already down, nine in the newsroom, I think it is, since the beginning of the year. It's because the company is doing so bad, or so we were told at the staff meeting where they announced the cuts. Though, at the same time, our Web hits are through the roof. (Only the executive editor was excited by this because none of us sees any correlation from Web hits to income. That's the part the corporate execs haven't quit worked out yet.)

People are more depressed than usual. Everyone is overworked, stressed out, drinking too much, angry a lot. And now THERE IS NO END IN SIGHT. At least before they had hope some of the positions would be replaced. Now there is a hiring freeze on indefinitely. I think the entire floor left the meeting then went directly to looking for new jobs and polishing their resumes.

The next day after the meeting, we get our daily e-letter from corporate, which include a Wall Street Journal article on our company and how our return to shareholders is up 40 cents a share over the previous year's quarter. This further depresses the staff.

I wish Rupert Murdoch would just buy us and get the whole damn thing over with.

5 comments:

Cheri said...

so, shareholders are making more money while workers are being laid off? your union must be really bad!

Bucky said...

No union. The joke around the office is they fire you if you even say the word union. The entire company is non-union.

Cheri said...

no union? i thought you were on the east coast! and working at a newspaper! i told matt about what happened (thinking you had a union) and even though he's never worked with the writers' guild, he thought of three different things your (non-existent) union could have done to prevent it.
but it's just terrible -- not having any recourse at all. i'm sorry. i guess the good thing is that you have so much versatility. you'll probably have an easier time finding a new job when you've had it with Poughkeepsie than your co-workers.

Anonymous said...

It's never a good sign when you've resorted to wishing for a Rupert Murdoch takeover. What about Newsday?

Bucky said...

I got a note from Newsday saying they received my application and that if I didn't hear back from them in three weeks then they aren't interested (though they said, "don't have a position for me at this time"). That was a little over a week ago. I'm not really holding out any hope.