Mar 26, 2009

Buyouts at the Washington Post

The Washington Post is implementing another round of buyouts that will include newsroom employees. From the Post:
"This program will be limited to areas where positions do not need to be replaced or where we can otherwise achieve costs savings," Washington Post Media chief executive and Post publisher Katharine Weymouth wrote in an e-mail to employees this morning announcing the buyouts.

The targeted departments include The Post newsroom, the production and circulation departments, and a small number of positions in the advertising and information technology departments.


"While we expect to be able to achieve meaningful staff reductions through" the buyouts, Weymouth wrote, "I am sorry to say that we cannot rule out layoffs in the future."

The newsroom now has about 700 staffers, down from a peak of 908 in 2003, the Post reports.

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