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Current DateTime: 10:01:12 21 Nov 2009
LinksList Documentid: 30212900

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Current DateTime: 10:01:12 21 Nov 2009
LinksList Documentid: 30231077
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Sports Biz

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Dec.18
8:03 PM ET
Thursday, 18 Dec 2008
MLB Tells Employees It Has Initiated Hiring Freeze
Posted By:Darren Rovell
Topics:Sports

CNBC has exclusively learned that Major League Baseball had a meeting with its employees yesterday and announced to its staff that, in order to deal with the current economic environment, it was undergoing a hiring freeze, freezing salaries and taking 20 percent of employees' vacation time for 2009.

At this time, unlike the NBA and NFL, there will be no layoffs. The NHL has also instituted a hiring freeze.

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Current DateTime: 06:39:37 21 Nov 2009
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Current DateTime: 01:05:48 21 Nov 2009
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