Lee Enterprises is asking it's employees at the "St. Louis Post-Dispatch" for more in the way of concessions. Lee, whose stock closed at a dollar a share on Friday, is asking each worker at the Post to take another week off without pay. The union...er, Newspaper Guild told Lee it would consider the offer only if Lee would agree to no layoffs during contract negotiations.
Earlier Lee apparently angered it's employees by asking for a 23 percent pay cut over the next three years and a huge slash to the benefits of it's working and retired employees.
The Post-Dispatch is the company's largest newspaper holding. Lee's previous newspaper experience has been in markets such as Hannibal and Park Hills, Mo. Maysville, Ky and Munster, In.
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