Unionized employees at The Denver Post have voted to accept a package that includes “wage cuts ranging from 6 percent to 9 percent, depending on salary; higher health-insurance costs; seven days per year of unpaid furloughs; and a suspension of employer contributions to 401(k) retirement accounts,” according to an article in the Post. Total savings: nearly $2 million. The Post is making the cuts even though it is expected to benefit from the closing of the rival Rocky Mountain News.
MNG gets big concessions from unions in Denver
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