Employees at the McClatchy-owned Fresno Bee will take a one-week furlough this fall to save money, the Media Workers Guild reports.
Mandatory unpaid time off “has become all but routine at several California news organizations,” the guild said.
McClatchy reported quarterly results we called “bleak” in late July, with revenue falling 8 percent. The newspaper chain as a whole still is profitable, though profits were down as well.
However, at the Bee, revenues have not only failed to meet 2011 goals but are lower than 2010, president and publisher William Fleet told staff. That means it’s time to reduce expenses again.