Noun
tronc (plural troncs)
(Britain) A monetary pool, in which tips are collected and later shared out between all staff, e.g. in a restaurant.
Grant Whitmore, the Tronc exec who fired more than 50 Daily News staffers on Monday, isn’t letting their unemployment dampen his upcoming wedding celebration. Source: Internet
He’s among several Tronc executives whose compensation packages total in the millions of dollars a year, with Dearborn leading the way at $8.1 million, according to the SEC. Source: Internet
On the news, Tronc is trading up 22% as I write this (07:35 PST). Source: Internet
It is also a fact that all four tronc Guild-represented newsrooms receive a level of benefits that is different, and not always better, than our non-union employees. Source: Internet
Levinsohn, the new publisher, had been consulting for Tronc for the past year, and the Times story says that when it became clear that company executives wanted to make big changes at the Times, he put his own name forward. Source: Internet
Like D'Vorkin, she will move into some kind of unspecified corporate role with Tronc. Source: Internet