Owner Advance Pubs ends long-standing no-layoffs policy
Advance Publications’ Newhouse Newspapers will end its policy of no layoffs, announcing the change to staffs today, including the Birmingham News. The pledge ends in six months, meaning the staff at the News (as well as the Press-Register in Mobile and the Huntsville Times) could face layoffs by February.
Media of Birmingham has learned that staffers with at least 5 years at the Birmingham News were offered buyouts, two weeks salary for every year (six month maximum).
In June, the News cut salaries 5 percent to 8 percent, ended furloughs and offered a round of buyouts.
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