If not, you better. David Carr hits it out of the park, covering Zell’s bad business practices and the new company culture equally.
- The effort to emerge from bankruptcy is “seemingly endless.” Tribune staffers, you’re stuck in limbo.
- According to Zell, before he bought Tribune Co., the company was suffering from “stodgy thinking and what he called ‘journalistic arrogance.'”
- The new employee handbook included the paragraph: “Working at Tribune means accepting that you might hear a word that you, personally, might not use…You might experience an attitude you don’t share. You might hear a joke that you don’t consider funny. That is because a loose, fun, nonlinear atmosphere is important to the creative process….This should be understood, should not be a surprise and not considered harassment.”
- When Kim Johnson, an executive with decades of experience, was hired as senior vice president of local sales, the news release [since removed] said she was “a former waitress at Knockers the Place for Hot Racks and Cold Brews.”
- Sexual harassment, sexual harassment, sexual harassment.
- Zell may have been using the newspaper to further his own business interests.
- Even Tribune Co.’s radio stations, which you’d assume would be doing well since Zell’s expertise is in radio, are losing market share.
- Top managers have received tons of cash.
- Did we mention sexual harassment?
- Top exec Randy Michaels recently on the future of the company, which could have been Carr’s kicker, honestly: “”We are just getting started.”
The whole piece is five pages long and well worth your time.