Tribune Co. Hits Up Bankruptcy Court for $42.5 Million in Bonuses

How much incentive do you need to do your job? A living wage and a strong work ethic is enough for most of us. Not Tribune Co. management, who apparently need millions of dollars, in addition to their huge salaries.

Tribune executives have asked the bankruptcy court to approve continuation of their management incentive plan, which could pay up to $42.5 million in bonuses to 640 employees. This comes just weeks after another round of newsroom layoffs at the Tribune-owned LA Times.

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