{"id":1581,"date":"2005-07-21T10:40:19","date_gmt":"2005-07-21T10:40:19","guid":{"rendered":"http:\/\/zmetro.com\/?p=1581"},"modified":"2005-07-21T10:40:19","modified_gmt":"2005-07-21T10:40:19","slug":"media_changes_s","status":"publish","type":"post","link":"https:\/\/www.zmetro.com\/?p=1581","title":{"rendered":"Media Changes SF Chronicle Cutting Jobs"},"content":{"rendered":"<p><a href=\"http:\/\/www.gradethenews.org\/2005\/chronlabor.htm\">Michael Stoll<\/a>:<\/p>\n<blockquote><p><i>&#8220;We understand that they&#8217;re losing money,&#8221; he said. &#8220;We were trying to be good Samaritans, and we got stabbed in the back.&#8221;<br \/>\nThe paper is in a strong position to seek union concessions because it opened its financial records to a union auditor, who confirmed that the Chronicle lost more than $62 million last year. Ms. Hoyt said that in the last two months the paper has been losing money at a faster rate &#8212; about two million dollars a week* &#8212; though the loss was less earlier this year.<br \/>\nBecause Hearst is a privately held company, it is under no obligation to explain its finances to the public. While the union has confirmed the multimillion-dollar losses, it doesn&#8217;t know all the details, such as the salary and benefits of the publisher. The union said the paper is being mismanaged and has too many managers per employee.<\/i><\/p><\/blockquote>\n<p>Via <a href=\"http:\/\/bayosphere.com\/blog\/dangillmor\/072005\/big_city\">Dan Gillmor<\/a> (I agree that it&#8217;s hard to believe the Chronicle is losing $1m per week).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Michael Stoll: &#8220;We understand that they&#8217;re losing money,&#8221; he said. &#8220;We were trying to be good Samaritans, and we got stabbed in the back.&#8221; The paper is in a strong position to seek union concessions because it opened its financial records to a union auditor, who confirmed that the Chronicle lost more than $62 million [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[],"_links":{"self":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/1581"}],"collection":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1581"}],"version-history":[{"count":0,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/1581\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}