Globe management to keep making less

Published Dec 02 2009, 03:17 PM by Adam Reilly

So says a recent, no-nonsense memo from outgoing publisher Steve Ainsley. Five percent less, to be precise--so they're still doing a bit better than their unionized colleagues:

Dear Colleagues,

We are in the final stages of completing the 2010 budget and have carefully reviewed our revenue and expense estimates for the year ahead.

As part of this process we have reached the decision not to reinstate any portion of the 5% salary rollback for exempt personnel which was instituted earlier this year. This decision applies to all exempt personnel at The Boston Globe and boston.com.

This decision was made by us as a necessary step in meeting our financial goals in 2010.

-Steve

Steven Ainsley

Publisher

The Boston Globe

Filed Under: Boston Globe, Steve Ainsley

Tigergate: Sucks to be Golf Digest

Follow the Phoenix

All Blogs

On The Download (2,235)
Phlog (1,503)
Laser Orgy (80)
Talking Politics (1,594)
Outside The Frame (325)
Dont Quote Me (556)

Filed Under: Boston Globe, Steve Ainsley

Boston Phoenix
Brave new Globe?
Published 1/29/2010 by ADAM REILLY
With a new publisher and a bevy of edit changes, is the Boston Globe poised for a new chapter?

Boston Phoenix
Review: Extraordinary Measures
Published 1/29/2010 by TOM MEEK
The business of who lives and who dies

more by Adam Reilly

Brave new Globe? | January 29, 2010

Covering a tragedy | January 22, 2010

The Ayla Brown effect | January 13, 2010

Palin + Fox: who wins? | January 11, 2010

Feds take ex-Globe union head to task | January 11, 2010

See all articles by: Adam Reilly

Latest Comments

A Plea To Ignore O'Keefe - The removal of federal ACORN funding demonstrated that ACORN is so politically insignificant that it...

By David S. Bernstein on 01-29-2010 in Talking Politics

A Plea To Ignore O'Keefe - If you think that giving advice on how to continue prostituting out what these members thought were a...

By Jennifer Wachowski on 01-29-2010 in Talking Politics

A Plea To Ignore O'Keefe - I'm not sure I follow your logic in what you're saying. Regardless of the fact that O'Keefe's...

By The Centrist on 01-29-2010 in Talking Politics

A Plea To Ignore O'Keefe - Please, please, James O'Keefe is one arrogant who believes he's above the law. His intended motive is...

By Janey08 on 01-29-2010 in Talking Politics

A Plea To Ignore O'Keefe - "A) organized into largely autonomous chapters, some of which are run more competently than others...

By Dave, Des Moines, IA on 01-29-2010 in Talking Politics

Latest Comments from Dont Quote Me

Globe management to keep making less

Leave a Comment