Tribune Publishing Offers Voluntary Buyouts to Employees at 9 Papers
Just two months after Alden Global Capital increased its stake in the company to 32%
To cut costs, Tribune Publishing offered voluntary buyout packages to employees with eight or more years of service on Monday, reports the Chicago Tribune. The buyouts are available to qualifying employees at all of Tribune Publishing’s nine newspapers: Chicago Tribune, The Baltimore Sun, South Florida SunSentinel, Hartford Courant, The Virginian-Pilot, the New York Daily News, Orlando Sentinel, Daily Press and The (Allentown, Pennsylvania) Morning Call.
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