San Francisco Chronicle Cuts Anniversary Gifts

Fountain pen - 1s25w.bmpTo cut costs, the SF Chronicle has nixed its “Service Awards Program,” in which employees who have worked for the paper five, 10 and 20 years received a pen, gym bag and leather picture frame, respectively.

A memo explaining the change states “This is being done as a cost-cutting measure during difficult economic times and in no way reflects a diminished appreciation of your contributions to the organization.”

Instead, presumably, the Chron will honor milestones of service the way the rest of the nation’s papers now do: With severance packages.