Robert MacMillian of Reuters has posted a memo from Dow Jones & Co. CEO Les Hinton that explains how the parent company of The Wall Street Journal, Marketwatch and Dow Jones Newswires is cutting back on its benefits.
“The retiree healthcare subsidy will be curtailed for most employees effective Jan. 1, 2010. Current retirees or those employees who on Jan. 1, 2010, will be age 50 with at least 5 years of service or have 20 years of service regardless of age will continue to be eligible for a subsidy in a revised retiree healthcare plan.
“More details about the benefit program changes can be found here.
“The new retirement plans will apply to all non-IAPE* staff in the U.S. We intend to seek the same programs when we enter collective-bargaining negotiations with IAPE this year.”
Read more here.
New York Times business editor Ellen Pollock sent out the following: I’m excited to announce: Mohammed Hadi…
Hannah Dreier, an investigative reporter at The New York Times, won a Pulitzer Prize for investigative reporting…
The Washington Business Journal has hired Ben Peters to cover commercial real estate. He has been the…
Bloomberg Radio has a rare opportunity for a motivated, hardworking Producer to contribute to it's…
Wall Street Journal reporter Dave Sebastian was among the layoffs last week when it reorganized its Asia…
Wirecutter editorial director Lauren Sullivan sent out the following: I’m elated to announce that Maxine Builder, a…