Honolulu: Losses worsening, 32% pay cut sought

With revenue reportedly falling to lows not seen in 20 years, The Honolulu Advertiser is asking for even deeper payroll cuts, according to a union representing workers at the money-losing daily in Hawaii.

“Union and company negotiators met this week and made progress on a number of issues involving work rules and staffing levels,” the Hawaii Newspaper and Printing Trades Council said in a recent update. “However, the company reported that its financial situation has continued to deteriorate in the past two months and announced that it is seeking drastic new across-the-board pay cuts – up to 31.5%.”

The union quoted Gannett negotiator John Jaske saying that Advertiser revenue has “fallen to its lowest level in 20 years, causing the company to seek the pay cuts and another $4.5 million in other savings, including benefit and work practice changes.”

The union opposes these new company proposals.

[Image: today’s front page, Newseum]

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