‘Since when does tanking a company rate a bonus?’

Jim Romenesko reports on Lee Enterprises:


In late March, Lee Enterprises CEO Mary Junck and CFO Carl Schmidt were given six-figure bonuses for refinancing the newspaper chain’s considerable debt. At the same time, Lee was laying off journalists at several of its papers. On Thursday, St. Louis Post-Dispatch employees are protesting the company’s actions at what’s been billed a “Let Them Eat Cake” event. Here is the union’s notice:

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