Union says S.F. Chronicle may cut one third of its members

On February 24, San Francisco Chronicle owner Hearst Corp informed the local newspaper guild that if didn't agree to concessions, the paper may have to close under a projected 2009 loss of $50 million.
After weeks of negotiations, the union released a bulletin stating that those efforts may not be enough, according to Editor & Publisher.

"We were thanked for the effort, and told some of our ideas had merit. But the company showed no real interest in working with us on a joint business recovery plan," the bulletin added. "Most disheartening, we were told that even if they agreed to slash pay and vacations as we offered, it would make no difference: the devastating job cuts, affecting more than one-third of our members, most likely would happen anyway. And the paper might be closed anyway."

The number of layoffs would most likely top 150, and may go as high as 225, according to the bulletin.

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