Wednesday, August 6, 2008

If You Are Keeping Score

This buyout marks the fifth time since 1998 that the company has initiated a reduction in force.

In 1998, it was a buyout that was offered only to workers of a certain age and experience level. The number of people who accepted was small, perhaps around 20.

In 2001, if memory serves, there was a layoff of about 25 newsroom staffers.

We all recall the layoff of 2004, where 65 newsroom staffers lost their jobs.

Two years ago, about 110 staff members opted to leave.

All in all, more than 200 people have departed via the buyout/layoff route.

Thanks to attrition, today's newsroom of 395 souls was 450 after the buyout in 2006.

Sorry if this a downer. Mr. Sunbeam thought you might to read the writing on the wall.

1 comment:

CRM said...

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