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Oregonian plans to cut 100 via buyouts
Sunday, August 24, 2008 | No comments posted.
PORTLAND (AP) — The Oregonian newspaper says it plans to cut 100 full-time jobs through voluntary buyouts.
Publisher Fred Stickel said Friday the buyouts would give employees with more than 10 years’ experience two years of pay and two years of health care for themselves and dependents.
The paper, owned by Advance Publications, has 1,120 full- and part-time employees. The newsroom has 270 full-time and about 90 part-time employees.
Stickel said buyouts would be offered to an unspecified number of part-time employees.
The paper reported on its affiliated Web site that early retirements and buyouts last year reduced the newsroom by 31 workers and the pressroom by 17.
Publisher Fred Stickel said Friday the buyouts would give employees with more than 10 years’ experience two years of pay and two years of health care for themselves and dependents.
The paper, owned by Advance Publications, has 1,120 full- and part-time employees. The newsroom has 270 full-time and about 90 part-time employees.
Stickel said buyouts would be offered to an unspecified number of part-time employees.
The paper reported on its affiliated Web site that early retirements and buyouts last year reduced the newsroom by 31 workers and the pressroom by 17.
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