Your 2009 Times Salary Freeze Memo [Recessionomics]

  • Thread starter Thread starter KiRby
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KiRby

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Look, a "note from Arthur." He probably wants to wish us merry Christmas, right? No, he is announcing that he will give none of you a raise in 2009.
"Scott, Bill, Andy, Martin," and Arthur "Pinch" Sulzberger are really sorry, but turns out the New York Times is in dire financial shape. Advertising revenues at both the paper and the web site remain weak and the financial outlook for 2009 is daunting." You're telling us!
So, no pay increases for all non-union employees in the coming year. But hey, look on the bright side: "We remain a great brand." That's great.


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