USA Today Slashing Payroll; Buyouts Offered
Sad news from Gannett-land.
USA Today is cutting 45 newsroom jobs and offering “voluntary” buyouts for employees with 15 years experience or less than five years of online experience. Read: They want to stop paying the salaries of some of the well-compensated vets.
After the jump, the official memo from head honcho Ken Paulson…
To: The Newsroom Staff
From: Ken Paulson
We had a full auditorium at today’s staff meeting, but I wanted to follow up with a brief note for those who were unable to join us in person or by phone.
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