New York Daily News Stops Matching Employees 401(K)

New York Daily News Stops Matching Employees 401(K)
|
Open Image Modal

DAILY News Chairman Mort Zuckerman went inside the beleaguered tabloid's newsroom yesterday morning for an interview with CNN, during which he insisted that the paper was "here to stay."

Shortly after he left, Mark Kramer, the CEO of the Daily Snooze, dispatched a memo to all employees to let them know that the paper was halting any corporate contributions to its employees' 401(k) plans.

Needless to say, insiders are livid. K

Our 2024 Coverage Needs You

As Americans head to the polls in 2024, the very future of our country is at stake. At HuffPost, we believe that a free press is critical to creating well-informed voters. That's why our journalism is free for everyone, even though other newsrooms retreat behind expensive paywalls.

Our journalists will continue to cover the twists and turns during this historic presidential election. With your help, we'll bring you hard-hitting investigations, well-researched analysis and timely takes you can't find elsewhere. Reporting in this current political climate is a responsibility we do not take lightly, and we thank you for your support.

to keep our news free for all.

Support HuffPost