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Denver Post Offers Buyouts To Shrink Newsroom
20 People Or 8 Percent Of Newsroom May Be Cut
Posted: 10/06/2011
Last Updated:
593 days ago
The Denver Post is offering voluntary buyouts to try to shrink its newsroom by up to 20 employees, or about 8 percent.The newspaper reports the move is due to financial pressures.Employees eligible for the buyouts are those 55 or older and those with at least 10 years of full-time continuous service. The offer includes separation pay based on years of service and health insurance.Editor Greg Moore said there could be layoffs if not enough employees take buyouts.
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