McClatchy Will Lift Year-Long Wage Freeze

Sacramento Bee
Good news and bad news for McClatchy Co. employees: the wage freeze that’s been in effect since September 2008 will be lifted, CEO Gary Pruitt said in an internal memo obtained by Romenesko.

However, the company—owner of the Sacramento Bee, the Miami Herald, and more, is still struggling, so 2010 may bring “additional expense cuts,” according to Pruitt. But he said that McClatchy wants to reward its employees for “helping us manage through these challenging times by lifting the wage freeze.”

The wage freeze will be lifted on a paper-by-paper basis.