AP Is Cutting Its Staff By 8% With Buyouts And Layoffs

The Associated Press is seeking to reduce its head count by about 8%, and is offering buyouts to some staffers and will lay off others as it races to become a digital-first organization.

The buyouts will include severance pay and partial health benefits for 18 months, AP reports. 

Fewer than half of the cuts will involve news employees. 

The reduction follows a disappointing close to the year. The end of the election is expected to accelerate reorganization plans, AP writes. 

The News Media Guild states that 121 of its members will be offered buyouts, but AP claims there will be fewer union members affected, AP continues. 

 

 

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