We’re hearing that the Washington Post budget woes are leading Len Downie and Phil Bennett to convene department by department meetings to discuss possible buy-outs, um, sorry, early departure incentives. First up today? Metro.
From what we hear, the terms are pretty generous and could potentially involve a large chunk of the newsroom–although the paper is unlikely to let its marquee names. Early reports are that the buyouts would be offered to people over 55 with at least 10 years of service.
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