Monday, August 18, 2008

WIVB: Buffalo News downsizing

According to WIVB, the Buffalo News is offering buyouts to about 10 percent of it's workforce in an effort to reduce costs ...
The newspaper reported that their business, like many other news organizations is under financial strain.

News managers will deliver formal letters the targeted employees Monday and those workers have until October 3 to decide whether or not to take the buyouts.

Senior Vice president of Marketing, Dottie Gallagher-Cohen, reports that the move is purely voluntary and no further action will be taken with any worker who turns down the offer.