Editor & Publisher, November 1, 2005
By Joe Strupp

Nearly 12% of the St. Louis Post-Dispatch news and editorial staff has accepted a voluntary buyout that the paper claims will save it up to $7 million a year, according to a story in Tuesday's editions. The one-time offer was "designed to cut operating costs amid an advertising slump that has rattled newsrooms from New York to Los Angeles," the paper reported.

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