Washington Post 2007 Annual Report Download - page 43

periods, Kaplan’s part-time workforce exceeds 16,000 employees. About 15 of Kaplan’s employees in New Zealand
are subject to a collective employment agreement that expired on December 31, 2007. No other Kaplan employees
are represented by unions.
WP Company has approximately 2,393 full-time employees. About 1,344 of that unit’s full-time employees and about
424 part-time employees are represented by one or another of five unions. Collective bargaining agreements are
currently in effect with locals of the following unions covering the full-time and part-time employees and expiring on the
dates indicated: 1,140 editorial, newsroom and commercial department employees represented by the Communi-
cations Workers of America (November 7, 2008); 39 machinists represented by the International Association of
Machinists (January 10, 2011); 22 photoengravers-platemakers represented by the Graphic Communications
Conference of the International Brotherhood of Teamsters (February 7, 2010); 31 engineers, carpenters and painters
represented by the International Union of Operating Engineers (April 12, 2008); and 60 paper handlers and general
workers represented by the Graphic Communications Conference of the International Brotherhood of Teamsters
(November 17, 2008). The agreement covering 450 mailroom workers represented by the Communications Workers
of America expired on May 18, 2003; efforts to negotiate a new agreement were unsuccessful, and in early 2006,
WP Company declared an impasse and implemented parts of its last contract offer for employees in a particular job
category. No negotiations with this bargaining unit are ongoing at the present time. Also, the agreement covering 26
electricians represented by the International Brotherhood of Electrical Workers expired on December 13, 2007;
negotiations have yet to produce a successor agreement.OnFebruary7,2008,WPCompanyannouncedthata
Voluntary Retirement Incentive Program will be offered in March to some employees of The Washington Post
newspaper. It is uncertain at this time how many employees will be eligible or will make the election to retire early.
Washingtonpost.Newsweek Interactive has approximately 329 full-time and 14 part-time employees, none of whom
is represented by a union.
Of the approximately 280 full-time and 80 part-time employeesatTheDailyHeraldCompany,about50full-timeand
15 part-time employees are represented by one or another of three unions. The newspaper’s collective bargaining
agreement with the Graphic Communications Conference of the International Brotherhood of Teamsters, which
represents press operators, expires on March 15, 2008; its agreement with the Communications Workers of America,
which represents printers and mailers, expires on October 31, 2009; and its agreement with the International
Brotherhood of Teamsters, which represents bundle haulers, expires on September 22, 2010.
The Company’s broadcasting operations have approximately 960 full-time employees, of whom about 200 are union-
represented. Of the eight collective bargaining agreements covering union-represented employees, one has expired
and is being renegotiated. Three collective bargaining agreements will expire in 2008.
The Company’s Cable Television Division has approximately 1,910 full-time employees, none of whom is represented
by a union.
Newsweek has approximately 575 full-time employees (including about 125 editorial employees represented by the
Communications Workers of America under a collective bargaining agreement that expires on January 1, 2009). On
February 6, 2008, Newsweek offered a Voluntary Retirement Incentive Program that will be funded primarily through
the Company’s pension plans. Approximately 150 employees are eligible to take early retirement under the program.
While the actual acceptance rate is not reliably predictable, a somewhat reduced workforce is likely as a result of the
program.
Post–Newsweek Media, Inc. has approximately 492 full-time and 190 part-time employees. Robinson Terminal
Warehouse Corporation (the Company’s newsprint warehousing and distribution subsidiary), Greater Washington
Publishing, Inc., Express Publications Company, LLC and El Tiempo Latino LLC each employs fewer than 100 persons.
None of these units’ employees is represented by a union.
Forward-Looking Statements
AllpublicstatementsmadebytheCompanyanditsrepresentatives that are not statements of historical fact, including
certainstatementsinthisAnnualReportonForm10-KandelsewhereintheCompany’s2007AnnualReportto
Stockholders, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of
1995. Forward-looking statements include comments about the Company’s business strategies and objectives, the
prospects for growth in the Company’s various business operations, and the Company’s future financial performance.
As with any projection or forecast, forward-looking statements are subject to various risks and uncertainties, including
the risks and uncertainties described in Item 1A of this Annual Report on Form 10-K, that could cause actual results or
2007 FORM 10-K 27