Consumer Reports Offers Buyouts [Updated]

The package is for staffers of 10 years or more.

Consumer Reports and its union have partnered to offer buyouts to veteran staffers. The news came via a memo from CEO Marta Tellado.

In the note, which was obtained by Talking Biz News, Tellado said a contract extension with CR’s union had been reached, but buyouts were being offered “In order to provide many of our long-serving employees with the opportunity to make a meaningful choice about their future.”

The voluntary separation program (VSP) is being offered to CR staffers of 10 years or more.

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