Workers Take Pay Cuts, Bosses Get Raises at Newsday

Jim Romenesko reports on Newsday:

The president of the union representing Newsday journalists blasts the paper for giving “generous wage increases and bonuses” to managers. Mike LaSpinawrites the labor relations vice president:

I was happy to hear that so soon after experiencing a financial rough patch, Newsday is apparently back on solid fiscal footing. It’s so surprising that barely 10 months after Local 406 members took 10 and 5 percent pay cuts and accepted a three-year wage freeze — saving the company $10 million over the life of our contract — that managers have been granted generous wage increases and bonuses. In addition, many non-union employees were also granted pay increases.

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