What's Up At National Geographic?

The buyout package gives employees 2.5 weeks of full pay per year of service, but the benefits package only extends six months. One source tells us that this package isn’t much of an improvement over previous packages offered to laid-off employees (up from 2 weeks of full pay per year of service).

Many at the magazine–both current and former employees–believe that the cuts are a way for the magazine to thin the thick herds (National Geographic is, by most measures, overstaffed…primarily at the mid- and senior levels) and switch to a more traditional magazine structure.