Cleveland Plain Dealer Staff Get Job Guarantees For A Measly 13 Months

Cleveland Plain DealerThe Cleveland Plain Dealer newsroom staffers agreed to accept an 8.1 percent pay cut and 11 days of unpaid furlough in exchange for job security through June 2010. That’s, for those who are math-challenged, 13.5 months.

The largest newspaper in Ohio has been through multiple rounds of buyouts in the past few years; 70 left in 2006, and 370 were offered buyouts in 2007, and another 27 were dropped at the end of 2008, through buyouts and layoffs.

We already know how much job guarantees are worth—not much, if the Globe is any indication.

Meanwhile the Plain Dealer has another year to struggle through…