Maui News Offers 10 Buyouts

The Maui News will re-offer buyouts in order to cut 10 positions from the newsroom or pressmen staff, reports the Pacific Media Workers Guild.

The buyouts would provide a week of pay for each year of service, plus the option to choose between a $10,000 lump sum payment or extended medical coverage.

If the company can achieve equivalent payroll savings without cutting jobs, it will, but its proposal to reduce the workweek from 37.5 to 35 hours (the equivalent of a 6.6 percent pay cut) and delay salary increases was rejected by the guild.