Posted on 07/06/2007 8:00:56 PM PDT by LdSentinal
The Roanoke Times announced on its on-line site today it is offering voluntary buyouts to 21 eligible employees. The statement says the offer is part of the company's plan "to maintain The Roanoke Times' fiscal integrity".
The statement from publisher Debbie Meade reads in part, "we anticipate a need for a reduction in our workforce to occur sometime this year. Prior to conducting any involuntary workforce reductions that might be needed, we are making a voluntary retirement incentive offer." Those who take it would begin retirement on September 1st.
Meade says the paper has eliminated or frozen 27 positions. It is also reorganizing departments, controlling expenses, and employing technology to gain efficiencies.
Meade's statement says the Times is "dealing with business conditions unprecedented in our long history."
Landmark Communications, which owns the Times, has made cuts at its other newspapers. The Virginian Pilot announced that 63 employees would take early retirement. The Greensboro News and Record laid off 41 employees in June.
This is one of the brain trusts that published the names/addresses of CCW holders.
Hopefully all their fellow “Sunshine Law” ilk will fall on equally hard times.
What a waste of paper and ink.
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