Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: indcons
...fourth-quarter profit will fall to around 45 cents a share because of costs to cut jobs.

We can assume that the cost of cutting jobs is generous severance packages. Something the media decries when corporate America offers these.

4 posted on 12/22/2005 4:52:25 AM PST by Erik Latranyi (9-11 is your Peace Dividend)
[ Post Reply | Private Reply | To 3 | View Replies ]


To: Erik Latranyi
We can assume that the cost of cutting jobs is generous severance packages. Something the media decries when corporate America offers these.

I didn't start out intending to write for them, but the NYT bought about.com while I was a guide for one of their sites. Not only did I not get any type of severance package when -- the day before my birthday! -- they advised me that (despite more than doubling traffic over the previous year's/guide's page views, adding more content than was required by my contract, etc. etc. etc.) they were "ending our relationship" because I hadn't sufficiently converted my site to comply with their "writing for the Web" philosophy. They now only pay me about a fifth of what that same content was earning me while I was guide for the site. (The content stays there until they hire a new guide, who will then work for free during the time it takes to "build" the site, and who will then only earn what I was earning if he or she increases the page view traffic over what mine had been. Of course, that's assuming their contract remains as "generous" as it was while I worked there.)

FYI: I moved MY copyrighted content from that NYT-owned pop-up ads site to my own (no pop-up ads) domain at Chronic-Illness.org.
18 posted on 12/22/2005 7:36:34 AM PST by Fawnn (Canteen wOOhOO Consultant and CookingWithPam.com person - Faith makes things possible, not easy.)
[ Post Reply | Private Reply | To 4 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson