Nearly 225 McClatchy Employees Accept Buyouts
About half of those who were offered buyouts accepted them.
In another round of job cuts, McClatchy Company (NYSE: MNI) offered 450 employees buyouts – or early retirement offers. That represents about 10 percent of McClatchy staff. About half of those employees from newspapers across the country accepted the offers, reports Miami New Times. Employees who were 55 or older and had worked at their newspapers for 10 years or more received the one-time buyout offer.
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