Why do so many publishers hate their journalists?

Roy Greenslade, talking about Trinity Mirror:

But nothing I have heard has changed my thinking. Kelly's going is part of a pattern, confirming that a company that publishes newspapers and news websites has no respect for journalism... and certainly none for journalists.

I'm always surprised by how many people who reach the higher ranks of news publishing businesses seem to actively dislike journalists and journalism. It's like a vegetarian running a butcher's - you have to wonder why they do it.