More layoffs looming for The Morning Call?

Monday, 19 July 2010 14:40 by Betty Cauler

Just heard a rumor yesterday about another round of layoffs for The Morning Call. The alleged plan is a ten percent cut across-the-board from all Tribune properties including the Call. One wonders where cuts to an already-meagre skeleton crew will come from. Stay tuned for more info.

And don't forget the hearing to confirm the company's reorganization plan under Chapter 11 is set for August 30. Creditors (including myself with over $2,000 in unclaimed ESOP funds) were asked to vote on the reorganization last month. If the plan is approved, those (like myself) with General Unsecured Claims will supposedly receive 100 percent of the money owed. Sure hope so—I still have a morgage to pay each month and no job on the horizon...

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