'Washington Post' Offering 5th Round Of Worker Buyouts
The Washington Post announced it would be offering a voluntary buyout to some of its newsroom employees -- the fifth round of such actions since 2004.
Only certain departments will be affected, and "there will be caps on the number of people who can participate, in order to moderate the impact and preserve our competitiveness in core coverage areas," according to a company memo.
"Core journalism" departments such as national politics, op-ed foreign and style and sports columnists won't be affected, says Post ombudsman Patrick Pexton. Among those departments that will have cuts: business, photo, style, sports and metro.