McClatchy Offers Buyouts to 10% of Staff

By Christine Zosche 

McClatchy CEO Craig Forman sent an email Friday to about 10 percent of the newspaper chain’s employees, offering voluntary buyouts. The 10 percent represents about 450 employees. (Poynter)

The buyouts follow 140 job cuts in August and roughly six weeks after McClatchy was rebuffed in its bid to buy Chicago Tribune owner Tribune Publishing for $16.50 a share. (New York Post)

Advertisement
Advertisement