USA TODAY announced Wednesday that it will offer buyout packages to veteran employees to trim staffing, its latest effort to cut costs and invest more in digital products amid a plan by parent company Gannett to spin off the publishing business as a separate company.
The offer applies to about 90 employees across all departments at USA TODAY, which currently has about 600 employees.
USA TODAY didn't say if it had a target for the number of jobs it seeks to cut. "Regardless of the acceptance level of the Early Retirement Opportunity Program, we cannot rule out other actions that we may need to take in the future because of economic and business conditions," wrote USA TODAY Publisher Larry Kramer in a memo to the staff
More
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
2 comments:
Can they please start in Salisbury? That's all that's left besides the two Kindergarteners! Then we wouldn't have to hear of their existence again!
Last one out, turn off the lights!
Couldn't happen to a worthier organization!!
Post a Comment