Here's a way to attack a slowing magazine economy while keeping your staff intact. In addition to being humane, it's good long-term planning—your staff remains on board and ready for a rebound.
Vibe is:
• reducing frequency from monthly to 10 times yearly;
• reducing the rate base from 800,000 to 600,000;
• implementing a four-day work week at 10-15-percent lower pay so that all employees can keep their jobs.
Good for Vibe!
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