President Pat Gormley called the meeting to order at 5:33 p.m, March 10, 2010 at The News auditorium, One News Plaza. Gormley reviews management's buyout package that will seek the retirement of 23 employees by offering improved pension benefits. He explained that management allowed the Guild to confer with them concerning the buyout packages; it … Continue reading March Emergency Local Meeting Minutes
March Executive Committee Meeting Minutes
President Pat Gormley called the meeting to order at 5:09 p.m, Wednesday, March 10, 2010 at The News' auditorium, One News Plaza. Gormley reviews management's buyout package that will seek the retirement of 23 employees by offering improved pension benefits; Jim Heaney reviews the buyout package in greater detail. Motion/Second/Carried Heaney/Gormley to adjourn at 5:25 … Continue reading March Executive Committee Meeting Minutes
Company readying buyout offer to Guild members in effort to save $1.1 million
Buffalo News management has informed the Guild that it intends to offer buyouts to Guild-represented employees. News management, in a meeting with Guild leaders Tuesday, shared a conceptual buyout offer that is similar to what was offered a year ago, which involved cash payments that start at $60,000 and scale upwards, depending on length of … Continue reading Company readying buyout offer to Guild members in effort to save $1.1 million
February Local Committee Meeting Minutes
President Pat Gormley called the meeting to order at 5:45 p.m, Wednesday, Feb. 10, 2010 at CWA District 1 Office, 821 Elk St., Buffalo. Motion/Second/Carried Tan/Leiser to approve the minutes as published at buffaloguild.org. Sandy Tan provided an update from mobilization, including that there are stickers in the works. New business M/S/C Tan/Fairbanks that Aaron … Continue reading February Local Committee Meeting Minutes
News seeking more concessions
More info at membership meeting 5:30 pm Wednesday Buffalo News management informed Guild leaders on Friday that it wants to negotiate further concessions from the Guild to cut expenses in the face of a continuing decline in profitability. The issue will be discussed at the Buffalo Newspaper Guild’s quarterly membership meeting at 5:30 pm Wednesday … Continue reading News seeking more concessions
February Executive Committee Meeting Minutes
President Pat Gormley called the meeting to order at 5:35 p.m, Feb. 4, 2010 at One News Plaza, fifth-floor cafeteria. Agenda item No. 1: Discussion of TNG/Buffalo News meeting in Washington last Friday/Question & Answer with Marian Needham, TNG Representative. Needham recapped the meeting in Washington, where The News' Dan Farberman and Warren Colville were … Continue reading February Executive Committee Meeting Minutes
News earns $15 million amid warning of future losses
The Buffalo News earned $15.3 million last year, down from about $19 million the year before but more than what the company projected. A huge, recession-fueled drop in advertising revenue - from $93 million in 2008 to $76 million last year - helped cause the decline in profits. It also prompted News Publisher Stan Lipsey … Continue reading News earns $15 million amid warning of future losses
January Executive Committee Meeting Minutes
President Pat Gormley called the meeting to order at 5:40 p.m, Jan. 20, 2010 at One News Plaza. Tammy Turnbull discussed funding for food, refreshments and meeting space rental for local membership meetings, particularly the three Wednesday meetings; the Saturday, Aug. 14 local meeting/picnic will be dealt with separately. The cost of the meeting room … Continue reading January Executive Committee Meeting Minutes
Buffalo News changing corporate structure
The Buffalo News is restructuring - again. News management recently informed the Guild of its intent to legally change its internal corporate organization, but said the move will not alter the company’s long standing relationship with the union or its members. Company executives also rejected any suggestion that the move is a first step in … Continue reading Buffalo News changing corporate structure
Buffett says News may be last paper standing
Will The Buffalo News be the “last man standing?” Warren Buffett suggested exactly that in a recent and otherwise pessimistic appraisal of the newspaper industry. Buffett, during an interview on CNBC's “Squawk Box" last month, pointed to a sharp decline in circulation at newspapers across the nation that had been reported a few days before. … Continue reading Buffett says News may be last paper standing