Belo severance policy to cover up to 40 GateHouse cuts to ProJo staff

THE PURCHASE OF the Providence Journal by GateHouse Media could mean as many as 40 Journal employees will lose their jobs upon closure of the deal, according to the asset purchase agreement filed with the SEC. / PBN FILE PHOTO/BRIAN MCDONALD
THE PURCHASE OF the Providence Journal by GateHouse Media could mean as many as 40 Journal employees will lose their jobs upon closure of the deal, according to the asset purchase agreement filed with the SEC. / PBN FILE PHOTO/BRIAN MCDONALD
(Updated, Aug. 4, 3:45 p.m.) PROVIDENCE – GateHouse Media will not honor the collective bargaining agreements negotiated between the Providence Journal and A.H. Belo Corp. and may lay off as many as 40 Journal employees upon its purchase of the paper who will be covered by Belo’s severance policy, according to an asset purchase agreement…

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