buyouts

Tribune Offers Newsroom Voluntary Buyouts

Lindsy Embree — Tue, 17 Jan 2012 12:14:40 -0500

Full article: Chicago Tribune
Robert Channick
Looking to reduce costs as it continues to grapple with a changing media landscape and challenging economy, the Chicago Tribune told employees it will offer an undisclosed number of voluntary buyouts in the newsroom.

Network News at a Crossroads

Stevie Converse — Mon, 01 Mar 2010 11:53:51 -0500

Full article: New York Times
Brian Stelter and Bill Carter
The economic problems facing ABC News and CBS News in many ways mirror those faced by newspapers, which have been similarly afflicted by a drop in advertising revenue. The reaction -- severe cuts in personnel and other costs -- also looks to be the same. But can you shrink your way to prosperity?

ABC News to Cut Half its Domestic Correspondents, Close Bricks-and-Mortar Bureaus

Stevie Converse — Mon, 01 Mar 2010 10:32:44 -0500

Full article: Los Angeles Times
Matea Gold
As part of the deep cuts announced at ABC News, the network plans to close all of its physical bureaus around the country except Washington and halve the number of its domestic correspondents. The Washington bureau will remain open, but its size will be substantially reduced.

Deep Cuts Coming at ABC News

Stevie Converse — Wed, 24 Feb 2010 12:07:50 -0500

Full article: Broadcasting & Cable
Marisa Guthrie
ABC News is seeking to eliminate 300 positions or close to 25 percent of the 1,300-person news division. ABC News president David Westin announced that there will be a division-wide buyout offer to all non-contract and non-union employees.

New York Times Buyout Count Gets to 53

Lindsy Embree — Tue, 08 Dec 2009 10:13:34 -0500

Full article: New York Post
Keith J. Kelly
The number of people stepping forward at the ,New York Times for voluntary severance packages recenly passed the 50 mark, but could go higher. A Times spokesperson said, "We are not commenting or offering any details on the staff reduction."

About 100 AP Staffers Take Buyout

Lindsy Embree — Wed, 29 Jul 2009 10:53:03 -0400

Full article: Editor & Publisher
Joe Strupp
About 100 Associated Press employees in news, technology and business units have accepted a voluntary buyout, according to the news cooperative. Among those leaving the company through the early retirement program are longtime reporter Richard Pyle and Senior White House Photographer Ron Edmonds.

Washington Post Buyout Response Slower as Deadline Looms

Lindsy Embree — Mon, 01 Jun 2009 12:03:40 -0400

Full article: Editor & Publisher
Joe Strupp
As the deadline looms for many of those interested in the latest buyout offer from the Washington Post to formally apply, officials at the paper remain mum on what kind of response the offer has gotten. Because the offer is available only to a certain group of employees -- the number of takers is expected to be small.

The Associated Press Offers Buyouts

Stevie Converse — Wed, 20 May 2009 12:05:30 -0400

Full article: Editor & Publisher
Joe Strupp
The Associated Press is quietly offering buyouts that include $500 for each year of service and increased pension benefits to several hundred veteran employees.

Forty 'Star-Ledger' Buyout-Takers Launch News Site

Lindsy Embree — Tue, 28 Apr 2009 10:08:43 -0400

Full article: Editor & Publisher
Joe Strupp
So what do journalists do when they have lots of experience and a year's salary from a recent buyout? They start a Web site. That seems to be the view of some 40 former Star-Ledger staffers who took the lucrative early retirement last fall and have since banded together to form newjerseynewsroom.com.

San Francisco Chronicle Buyout Offer Gets 120 Takers

Lindsy Embree — Thu, 02 Apr 2009 11:10:53 -0400

Full article: Slate
Joe Strupp
At least 120 San Francisco Chronicle staffers have submitted applications for the newspaper's latest buyout offer, according to the local newspaper guild. The Hearst Corp. had announced a goal of reducing up to 150 jobs among the guild members at the paper, including newsroom, advertising, circulation and other departments.