Layoffs Avoided At Consumer Reports Publisher
After threatening to layoff staffers earlier this month if it could not produce $1.8 million in cuts, Consumer Union, the publisher of Consumer Reports, has reached a deal with the union representing its staffers.
The company has reached a tentative agreement with the Newspaper Guild of New York, promising to nix the layoffs if guild members agreed to “give up a 3 percent pay increase scheduled to kick in in January 2010; the company 401(k) match in 2010; and other benefits,” Editor & Publisher reported.
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