News & Record to furlough employees for 5 days
Monday, January 26, 2009
(Updated 2:21 pm)
The News & Record is imposing five unpaid furlough days on most of its employees through June.
The furloughs are necessary to keep the company financially stable while protecting jobs and benefits, according to a company memo issued Monday.
The News & Record will notify the public that it is closed for business on these five days; the first is Monday, Feb. 16. The company will still publish a newspaper and online products on each of the days.
The newspaper also declared a freeze on wages through the end of the year.
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