The Times-Dispatch told 28 editorial staffers and31 non-newsroom employees Thursday that they were no longer needed and could leave immediately. Several of the laid-off workers had decades of experience, which likely means their salaries were higher than the younger reporters and might be one reason they were cut.
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Salaries hold steady for Media General execs
Despite losing $632 million in 2008 and asking salaried employees to take two weeks off, it still pays to be a head honcho at Richmond-based Media General. Chief executive Marshall Morton received $2.76 million in total compensation in 2008, according to an SEC filing. That’s about the same as 2007 and about 15 percent less… Read more »
So long, inRich.com
Media General’s fling with the inRich.com domain name is coming to an end. The company plans to phase out inRich.com and re-brand Richmond.com with a similar format, according to information Media General provides to potential advertisers. Media General owns the Times-Dispatch.