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

Jim Romenesko reports on Lee Enterprises:

https://i1.wp.com/bloximages.chicago2.vip.townnews.com/host.madison.com/content/tncms/assets/v3/editorial/e/e4/ee4ff33c-4852-11e1-a29c-0019bb2963f4/4f21a7b547fc8.preview-300.jpg

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:

Continue reading:

http://jimromenesko.com/2012/04/11/st-louis-journalists-to-protest-execs-bonuses/

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