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Articles for Buyouts, search results for offered

LAist staffers offered buyouts ahead of possible layoffs at public radio station
8 months ago

LAist staffers offered buyouts ahead of possible layoffs at public radio station

LA Times  

Stickers are on display inside the facilities department at Southern California Public Radio headquarters in Pasadena, home of LAist. Journalists at LAist have been offered buyouts ahead of a potential round of layoffs at the local public radio station that broadcasts under the call sign KPCC-FM. In March, the Long Beach Post laid off nine staffers after newsroom employees moved …

Long Beach Layoffs Muller Laist
The Washington Post plans to cut 240 jobs through voluntary buyouts
1 year, 2 months ago

The Washington Post plans to cut 240 jobs through voluntary buyouts

Associated Press  

NEW YORK — The Washington Post plans to cut 240 jobs through the offering of voluntary buyouts, the newspaper announced Tuesday. In an email sent to staff, interim CEO Patty Stonesifer said that The Post had been “overly optimistic” about growth projections for the past two years and into 2024. She added that the company was taking the voluntary buyout …

Post Cut Ryan Stonesifer
'The Washington Post' will cut 240 jobs through voluntary buyouts
1 year, 3 months ago

'The Washington Post' will cut 240 jobs through voluntary buyouts

NPR  

'The Washington Post' will cut 240 jobs through voluntary buyouts Enlarge this image toggle caption ERIC BARADAT/AFP via Getty Images ERIC BARADAT/AFP via Getty Images The Washington Post plans to cut 240 jobs, or almost 10% of its workforce, through voluntary buyouts. The Post had been "overly optimistic" about its growth in readership, subscriptions and ads for the past two …

Washington Post Washington Post Cut Stonesifer 240 Jobs Voluntary Buyouts
About 5K GM salaried workers take buyouts, avoiding layoffs
1 year, 9 months ago

About 5K GM salaried workers take buyouts, avoiding layoffs

Associated Press  

DETROIT — About 5,000 white-collar workers at General Motors took the company’s buyout offers, which the automaker says is enough to avoid layoffs at this time. At a Bank of America conference Tuesday, GM Chief Financial Officer Paul Jacobson said the company will take a $1 billion first-quarter charge because of the buyouts, but said it will save $1 billion …

Workers Electric Vehicles Company Jacobson Buyouts 5K Gm
GM offers buyouts to most US salaried workers to trim costs
1 year, 10 months ago

GM offers buyouts to most US salaried workers to trim costs

Associated Press  

DETROIT — General Motors is offering buyouts to most of its U.S. salaried workforce and some global executives in an effort to trim costs as it makes the transition to electric vehicles. The $2 billion in cost cuts, announced with GM’s fourth-quarter earnings, also are being made to prepare for any potential economic downturn or recession, Chief Financial Officer Paul …

Vehicles Detroit Auto Company Cost Cost Cuts
General Motors offers buyouts to most US salaried staff to trim costs
1 year, 10 months ago

General Motors offers buyouts to most US salaried staff to trim costs

Firstpost  

The decision to offer buyouts comes at an uncertain time for the auto industry, which is in the midst of a transition from internal combustion to electric vehicles. GM has a goal of selling only electric passenger vehicles by 2035 Detroit: General Motors is offering buyouts to most of its US salaried workforce and some global executives in an effort …

Vehicles Electric Vehicles Company Electric Jacobson Internal Combustion