NewsGuild of New York Statement on Meredith Corporation’s “Integration Plan”
Yesterday, Meredith Corporation laid off 200 employees after its acquisition of Time Inc. and revealed its intention to further eliminate 1,000 jobs within the next ten months. Though none of the laid off employees were covered by the NewsGuild of New York, we’re still disappointed that any worker had to lose their job. Additionally, Tom Harty, president and CEO of Meredith, announced that management will explore the sale of publications TIME, Sports Illustrated, Money, and Fortune — all of which employ NewsGuild of New York members. The company promised to sell these publications to individuals or organizations that have “respect for editorial integrity and independence.” The union intends to hold Meredith to its word and look forward to working with management to ensure that our members are protected and that their voices are heard during this transition.
About the NewsGuild of New York
The NewsGuild of New York is the union for news professionals in America’s media capital. We are the workplace advocate for people in the media business, including some of the best journalists in the country. The national NewsGuild is the largest union for news professionals — and we are its biggest local, fearlessly representing nearly 3,000 journalists and other media employees at New York-based media organizations and their respective bureaus. We understand journalism, from print to digital to broadcast.
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