Tribune Publishing is offering voluntary buyouts to all
staff employed for eight or more years, the Chicago Tribune reported.
The move is aimed at avoiding “turning to
company-wide reductions of the workforce as a last resort,” Tribune Publishing
CEO Tim Knight said in an email to employees.
Tribune Publishing had some 4,100 full-time
employees at the end of last year, according to the company.
Tribune Publishing owns the Chicago Tribune, Baltimore Sun, Hartford Courant, Orlando Sentinel, South Florida Sun
Sentinel, New York Daily News and other papers.
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