Washington Post will offer buyouts to employees to reduce staff

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Washington Post will offer buyouts to employees to reduce staff
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A Local Culinary Adventure: inspired by Halifax's Seaport Market | SaltWire #cooking #cookingtips - The Washington Post plans to offer voluntary separation packages to employees across all functions, a company spokesperson said on Tuesday, as the newspaper looks to trim staff.

This comes at a time when a weak advertising market amid slowing economic growth has forced several technology and media companies to cut costs. The buyouts are being offered in hopes of"averting more difficult actions such as layoffs", the Post quoted Stonesifer.

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