Thread regarding McClatchy Co. layoffs

The company announced Friday voluntary buyouts for 450 employees because it's doing so poor financially, which is true. You'd think Forman would show some solidarity, like a true leader, and freeze his pay while we get through this rough patch, but no, the slime ball accepted an additional $35,000 a month in compensation ONE WEEK before they announced these buyouts. There's no justification for this additional compensation. The stock price has tanked under his watch, he has failed to grow revenue and morale in my newsroom (and probably others) is in the sewer. Forman has no idea how to turn this company around, whether he's aware of that or not. He's treating the company like a hedge fund owner, cutting costs and returning the savings to himself, and in two years, after he rapes the profits, he'll be gone. He should be ashamed of accepting more money at the same time he's looking to eliminate more journalists from the nation, and board should be ashamed for giving this additional money to him. If only Forman knew how people in the newsroom felt about him, not that he gives a damn. http://investors.mcclatchy.com/node/15876/html