Yesterday, according to a story in the San Diego Union-Tribune the North County Times offered 20 newsroom staff the option of a voluntary buyout as the paper cuts its news staff.
Editor Kent Davy said employees have until next week to decide if they will take the buyout offer. It includes one week of pay for every year of service up to 26 weeks. For those who take the buyout, their last day would be the end of the month. . . In a letter to employees, Davy said difficulties facing the industry “require us to significantly shrink the size of the newsroom.
Our advice to the reported 125 North County Times journalists: take the money. Who knows, Carlsbadistan may need your help.
[Link: San Diego Union-Tribune]
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