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TNG-CWA Forces Bankrupt Tribune to Abandon Bonus Scheme
TNG-CWA won a victory against corporate greed and mismanagement with its successful court challenge blocking $20 million in executive bonuses that bankrupt Tribune Company wanted to pay to some 23 executives.
Intervention by TNG-CWA Local 32035 before the bankruptcy court forced Tribune to withdraw the bonus plan. The local represents about 230 workers at the Baltimore Sun and was the only union on the nine-member creditors committee.
Before it filed for bankruptcy, Tribune cut hundreds of jobs at the union-represented Sun as well as at the Los Angeles Times, Chicago Tribune and other operations. When the company sought to pay the executive bonuses, the union intervened.
Tribune withdrew its bonus plans, though the judge said the company could try again when it emerges from bankruptcy. TNG-CWA President Bernie Lunzer said the Guild will be watching.