All The News That's Shit To Print

"The New York Times has long been held up as journalism's standard bearer. Thus it seems only fitting that The New York Times Company gave departing CEO Janet Robinson a nearly $15 million severance package while demanding that its current employees take benefit and pay cuts. (Robinson gained early and immediate access to her full pension of $10.9 million, and will earn $4.5 million working as a consultant for the company in 2012.)...

...But after implementing a pay wall and making other cost-saving changes in 2011, the Times has returned to profitability. Still, according to Newspaper Guild of New York President Bill O’Meara, the Times is now pushing a contract on its workers that asks the union to accept an inferior healthcare plan, eliminates extra pay for working late nights or changing one’s schedule to deal with major breaking stories, and would implement a freeze on contributions to employee pensions. The Times claims the contract would save it $9 million a year."