Staffers Face Pay Cut at North Carolina Alt-Weekly 'Mountain Xpress'

Posted Tuesday, December 23, 2008 12:00 am

By: E&P Staff Facing a continuing decline in classified and retail advertising at his Asheville, N.C., alternative weekly Mountain Xpress, owner and Publisher Jeff Forbes is impposing an across-the-board pay cut of between 5% and 10% starting Jan. 1.

"Our strategy is to share the pain, so we're instituting a company-wide pay cut," Fobes said in a posting by Jason Sandford on the Mountain Xpress Web site. "Everyone feels the pain; everyone should have input into what must be an evolving response to the economy."

Earlier this year, the paper announced it would keep its retail ad rates unchanged for the third consecutive year.

The 29,000 free-distribution weekly employs 38 people.

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Staffers Face Pay Cut at North Carolina Alt-Weekly 'Mountain Xpress'

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