Union: At least 8 seek buyout at Projo; layoff outlook unclearSeptember 17th, 2012 at 5:40 pm by Ted Nesi under Nesi's Notes, On the Main Site
More than half a dozen Providence Journal employees are ready to accept a buyout offer from the company and depart their jobs on Sept. 30, according to the newspaper’s largest union.
Journal management has informed the Providence Newspaper Guild that four of the union’s members requested buyouts – two editorial staffers and two advertising staffers, union president John Hill told WPRI.com. The deadline to apply for a buyout was 5 p.m. Monday.
Management also said more than four managers who aren’t Guild members requested buyouts, but the company won’t release the number until Tuesday morning after taking time to review whether any of them are essential to the paper’s functions, according to Hill.
Though no specific target was set, Journal management told the union earlier this month the paper needed “significantly more” than eight employees to volunteer for the buyouts in order to avoid layoffs.
The union isn’t releasing the names of which employees took the buyouts, and Hill cautioned his colleagues about what they’re hearing. “Until things are officially announced, they’re not official – there’s a lot of rumors going around and a lot of them are not correct,” he said.
The Journal’s work force has shrunk by a third to 468 employees since 2008.
• Related: Projo union may offer concessions to avoid newspaper layoffs (Sept. 14)