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Over 100 Staffers Leave Newsweek
RADAR ^ | 3 30 2008 | Charles Kaiser

Posted on 03/30/2008 4:45:37 PM PDT by MrEdd

The staff of Newsweek will shrink dramatically, after 111 staffers on its news and business sides accepted a buyout last week. Among those leaving are some of the magazine's best-known, most-admired and longest-service critics, including David Gates, David Ansen and Cathleen McGuigan. Harold Shain, a former president of the magazine who moved over to sister publication Budget Travel at the beginning of this year, is also departing.

146 staffers were offered the chance to leave the magazine, with as much as two years of their current salary as a departing bonus, depending on their age and length of service. The package also includes pension sweetners and the chance to continue health insurance coverage until the age of 65. More staffers than expected accepted the offer, so at least some their jobs are likely to be filled by new hires. But dozens of positions will be eliminated permanently.

(Excerpt) Read more at radaronline.com ...


TOPICS: Business/Economy; Extended News; News/Current Events
KEYWORDS: 4thestate5thcolumn; biasmeanslayoffs; dbm; dinosaurmedia; drivebymedia; enemedia; layoffs; liberalmedia; massmedia; msmwoes; newsmagazines; newsweak; trysellingthetruth
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Continued at site.
1 posted on 03/30/2008 4:45:37 PM PDT by MrEdd
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To: abb; Milhous

ping


2 posted on 03/30/2008 4:46:38 PM PDT by MrEdd (Heck? Geewhiz Cripes, thats the place where people who don't believe in Gosh think they aint going.)
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To: 04-Bravo; aimhigh; andyandval; Arizona Carolyn; backhoe; Bahbah; bert; bilhosty; Caipirabob; ...

Ping


3 posted on 03/30/2008 4:48:38 PM PDT by abb (Organized Journalism: Marxist-style collectivism applied to information sharing)
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To: MrEdd

100+ less democrat party lying sc*mb*gs spreading their propaganda.

It will be a joyful day when Newsweek closes down permanently, along with Time, the NY Times and the Washington Post.

Good riddance.


4 posted on 03/30/2008 4:52:54 PM PDT by FormerACLUmember (When the past no longer illuminates the future, the spirit walks in darkness.)
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To: FormerACLUmember

You can’t even say scum bags without staring it out?

I think you’re a bit paranoid....


5 posted on 03/30/2008 4:56:11 PM PDT by sit-rep
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To: FormerACLUmember
Or 100 less check going to OBama campaign.
6 posted on 03/30/2008 4:59:37 PM PDT by ncalburt
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To: MrEdd
Awwwwwwwwwwwwwwwwww........

The little leftists lost their jobs?

Bbbbbut, they do such GREAT reporting!

Here is an "Conventional Wisdom" arrow for you Newsweak:


7 posted on 03/30/2008 5:03:47 PM PDT by SkyPilot ("I wasn't in church during the time when the statements were made.")
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To: abb; Grampa Dave

Sinking readership and revenue, because of biased and mediocre reporting, is finally taking its toll .


8 posted on 03/30/2008 5:05:24 PM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: MrEdd

Golly gee...we are gonna miss all that vile puke.

Hint for the newly unemployed elitists: They are hiring at Wally Walmart..


9 posted on 03/30/2008 5:06:17 PM PDT by eleni121 (EN TOUTO NIKA!! +)
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To: eleni121

Yes, now they can get honorable jobs.


10 posted on 03/30/2008 5:07:18 PM PDT by MtnClimber (Not liking my choices in this election!)
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To: eleni121

2 year severence, increased pension and health insurance till 65 isn’t a bad way to go by any stretch of the imagination though.


11 posted on 03/30/2008 5:10:53 PM PDT by rb22982
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To: MrEdd

I need to do something to show my support. I will turn my light off for one hour. That will show I care about them!


12 posted on 03/30/2008 5:13:16 PM PDT by Lockbar (March toward the sound of the guns.)
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To: ncalburt
Yeah, now there are 100+ new UNPAID Obama Election Campaign members.


13 posted on 03/30/2008 5:14:19 PM PDT by FormerACLUmember (When the past no longer illuminates the future, the spirit walks in darkness.)
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To: MrEdd
NEWSWEAK!
14 posted on 03/30/2008 5:33:11 PM PDT by ricks_place
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To: FormerACLUmember

At least the upper left headline has it right for once.


15 posted on 03/30/2008 5:41:17 PM PDT by rabidralph (Hillary is the MSM's Bimbo Eruption.)
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To: MrEdd

what is this “newsweek”?


16 posted on 03/30/2008 5:54:08 PM PDT by Tigercap (McCain. For Supreme Court judge nominations and WOT progress if nothing else.)
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To: MrEdd

Those 111 are the lucky ones, the rest will eventually lose their retirements and 401k accounts when the magazine goes bankrupt.


17 posted on 03/30/2008 5:54:08 PM PDT by SeaHawkFan
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To: MrEdd
some of the magazine's best-known, most-admired and longest-service critics, including David Gates, David Ansen and Cathleen McGuigan.

Never heard of them.

18 posted on 03/30/2008 5:56:06 PM PDT by Cicero (Marcus Tullius)
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To: MrEdd

With so many leftist media today, who actually read Newsweek except for those who are waiting in dentist office, clinic, etc.?


19 posted on 03/30/2008 5:58:07 PM PDT by paudio (Michelle Obama: a Typical Black Woman)
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To: MrEdd
Is there a way that the door can hit them in the ass on the way out?
20 posted on 03/30/2008 6:04:15 PM PDT by StAnDeliver (Iron My Shirt!)
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