Newsweek Buyouts/Job Cuts Intro

Does it say anything when, more than 24 hours after news of Newsweek‘s massive employee buyouts leaked out (note: this links to our coverage from Monday), the Post has covered the story but the Times still has not?

Probably. But in any case, here’s what we took home from Keith Kelly and the Post‘s examination of the buyout:

1. Employees jumped at the opportunity to leave Newsweek: “Newsweek executives originally were hoping that 85 staffers would accept the packages, but apparently after offers went out to 145 eligible people, 111 accepted the packages as of Friday’s deadline.

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