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The Guardian - UK
The Guardian - UK
Business
Roy Greenslade

Another US paper seeks redundancies

The Cleveland Plain Dealer is the latest US newspaper to offer its staff voluntary redundancy deals. It is offering its older editorial and business office workers a payout equivalent to two-and-a-half years' salary. Younger employees who wish to leave will get smaller compensation. The Dealer's publisher, Terrance C.Z. Egger, explained that the company had "to adjust our expenses to coincide with our revenue." Earlier this week, the Dallas Morning News announced plans to cut at least 85 newsroom jobs. (Via cleveland.com)

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