Buyouts At Providence Journal

The Providence Journal has offered eight buyouts to staffers in advertising and the newsroom, reports Rhode Island Public Radio.

If fewer than eight people volunteer, the company will resort to layoffs to make the cost savings.

Two inside advertising representatives, two outside sales representatives, one reporter, one copy editor, one photographer and one editorial assistant are targeted, Providence Newspaper Guild president John Hill told WRNI.

Employees have until Dec. 16 to make a decision. Those accepting the buyout would receive 1.25

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in