419 replies to this topic

[Mike K.]

The pamphlet states Black Press would enter into a short term lease with the new owner (short term is typically 1-3 years). Is this a sign they are planning a move or vastly reducing their square footage needs? It would make sense to sell a building, recoup nearly $8-million, enter into a short term lease with the new owner, then vacate 1/2 or 1/3 of the space and not concern yourself with the costs of a half empty office building.

[VicHockeyFan]

The pamphlet states Black Press would enter into a short term lease with the new owner (short term is typically 1-3 years). Is this a sign they are planning a move or vastly reducing their square footage needs? It would make sense to sell a building, recoup nearly $8-million, enter into a short term lease with the new owner, then vacate 1/2 or 1/3 of the space and not concern yourself with the costs of a half empty office building.

So does Black Press definitely own the building now?

[Mike K.]

That was my impression. Could they just be leasing the building?

[Brick and Mortar]

That was my impression. Could they just be leasing the building?

They own it.

[Mike K.]

Thanks for the confirmation.

[Hotel Mike]

I hope Black Press will either build or renovate a kick ass space with a profile to the street. Why not? This is where they're from.

[Mike K.]

Could be. The current office building is very suburban and tucked away where nobody ever sees it.

[Bernard]

I wonder if they will downsize - if you look at Monday Mag lately, it is getting really thin

[Mike K.]

They've already downsized the staff for Monday Mag, at the very least. I can see them reducing their office footprint by a substantial amount unless they bring all of their offices under one roof (they have a presence on the peninsula and on the west shore, don't they?).

[Bingo]

I wonder if they need a downtown location, and how much walk in traffic do they get? It might be more convenient for the office to be located near their printing press on Enterprize Crescent.

[G-Man]

I would expect the downtown location is of more benefit to the writers.

[Holden West]

^Great location for a news gathering organization, right by the courthouse. I'm sure Monday's current downscaled operations could be run from a small coffee shop. And they're probably considering it.

[Mike K.]

We've received word that upwards of 30 truck driving and warehouse jobs will be cut across Vancouver Island soon.

[VicHockeyFan]

We've received word that upwards of 30 truck driving and warehouse jobs will be cut across Vancouver Island soon.

 

Well, they will be moved the the Mainland perhaps.   So no net loss really.   Why is this in the Black Press thread?

[Mike K.]

If Black Press is cutting jobs shouldn't it be mentioned in the Black Press thread?

[VicHockeyFan]

If Black Press is cutting jobs shouldn't it be mentioned in the Black Press thread?

 

Yes, it should.  But unless Black is somehow moving to a pick-up model for his papers, ie. come and get them at one central pick-up point, and not distributing them to homes or drop locations, these jobs are somehow being covered by others, maybe contractors.

[Holden West]

All the Vic News/Monday signage has been stripped from the Black Press building.

[Mike K.]

Yes, it should.  But unless Black is somehow moving to a pick-up model for his papers, ie. come and get them at one central pick-up point, and not distributing them to homes or drop locations, these jobs are somehow being covered by others, maybe contractors.

Of those 30 jobs to be cut I doubt even half will be drivers. The majority of them will likely be warehouse/merchandising staff.

[VicHockeyFan]

http://www.cowichanv...uncan-1.1632965

 

Twelve employees at the (Black Press owned) Cowichan News Leader Pictorial newspaper in Duncan took to the picket lines on Monday in a dispute over proposed changes to their pay structure.

The strike is about blocking the implementation of a two-tier wage system by management, said Unifor Local 2000 representative Peter McQuade.

 

- See more at: http://www.cowichanv...h.oZwZC17u.dpuf

 

The Citizen, that reports the story above is also union:

 

This is their contract:  http://vving.ca/docu...valley-citizen/

 

^  Nothing over $20/hour there.

[thundergun]

Not sure this is the right thread, but this reno is coming along.

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