Metro Pulse Parent Company Implements Pay Cuts

february 20, 2009  08:28 am
E.W. Scripps Co. exempt employees will see a 5 percent pay cut and the salaries of nonexempt employees will decline by 3 percent. The cuts also include a suspension of the company's 401(k) match and a freeze of the Scripps pension plan. The pay freezes are expected to last for at least a year.