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Monday Update: N&O Memo
posted at 2008-04-28 13:22 | Last modified 2008-04-28 13:23
A source at the paper forwarded this internal memo about the paper's buyout offer. It says there's no minimum target for reduction, which is good news - for now, anyway:
...We have decided to offer a voluntary transition program for work areas, positions or work groups where jobs would not need to be replaced if vacated due to new technology, efficiencies and/or consolidation of job functions.
This program is limited in scope and there will be department limits so that no one area is unfairly impacted by reductions.
While there are limits on the number of employees who may be offered this package, there is not a minimum "target" that we are required to achieve. This program does not become involuntary if a certain number of employees do not volunteer. However, this does not preclude the possibility of The News & Observer identifying efficiencies or other business model changes that could impact staffing in the future.
My source says only editors are eligible for buyouts in the newsroom. It's anticipated that as many as five may accept the offers.
Crossing my fingers for my N&O friends...
Comments? Drop me a line.
