Buyouts/layoffs at the Gazette

We heard earlier tonight that a community engagement manager and a clerk had been let go at the Gazette. Additionally we hear that buyouts are being encouraged and that the number of buyouts is determined by the salary of who takes the buyouts.

DCRTV reports on more details

Because of “the sluggish economy and highly competitive environment,” the Washington Post-owned suburban Maryland Gazette newspaper is implementing a voluntary buyout program with incentive packages for editorial and creative services employees who have at least 18 years of employment with the company. And, Chuck Lyons is stepping down as chief executive of Post-Newsweek Media, the newspaper group’s parent company. He will become chairman of the organization. Karen Acton will become CEO of the company. She currently serves as president and publisher of Southern Maryland Newspapers, president of Comprint Printing and Post-Newsweek Media’s chief financial officer. More at gazette.net…..

No Comments »

No comments yet.

RSS feed for comments on this post. TrackBack URL

Leave a comment

Connect to ICC

Latest Tweet from @insidecharmcity

RSS & Social Media

Enter your email address to subscribe to our Daily Update:

Delivered by FeedBurner

News Links


MD Bloggers

badge/news.win.jpg
 

Archives

Monthly

Authors

Categories