Advance buyouts

[TheSportsPredictor]

Don't know if they are doing it at other newspapers, but Advance is doing this at The Plain Dealer. I'm hearing they are offering a year's pay as severance:




The guild's contract runs out sometime in the next year or so. It will get ugly then.

 

[DanOregon]

it says a lot that they only need 15 years to reach their "number."

 

[Slacker]

LOL. "PD mangers."

I see this all the time.

 

[wheels89]

Would be interesting to know how many Cleveland.com staffers are actually Guild members. I know a couple of people who moved over to the Cleveland.com side from the PD who gave up Guild membership as part of the switch.

 

[steveu]

This apparently is chainwide. I know of at least three people who took the buyout at my old shop.

 

[Fran Curci]

The year's severance pay --- that must be the maximum, right?