Tuesday, December 9, 2008

Kicking them while they're out

Posted by Whet Moser on 12.09.08 at 12:11 AM

WaPo's Harold Meyerson:

The Tribune internal Q&A website on today’s bankruptcy filing states that "all ongoing severance payments have been discontinued.” So if you’re one of the large number of reporters, editors and other staffers at the L.A. Times, the Chicago Trib or other papers who got sacked and didn’t get your severance in one lump sum, you have a real problem.

Is that SOP for a bankruptcy filing?

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