Bee offers buyouts to most employees | TheUnion.com
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Bee offers buyouts to most employees

SACRAMENTO ” The Sacramento Bee is offering voluntary buyouts to a majority of its full-time employees in the latest round of cost-cutting at the newspaper.

Publisher Cheryl Dell says buyouts are being offered to 55 percent of the paper’s full-time employees and a smaller number of part-timers, including most editorial employees.

Dell says ad revenue is down more than 22 percent this year at the McClatchy Co.’s papers in California and Florida.



Sacramento-based McClatchy owns 30 daily newspapers nationwide. It imposed a companywide wage freeze two weeks ago.

The Modesto Bee offered all its full-time employees buyouts last week, and the Sacramento Bee’s move to cut staff Monday comes after that paper eliminated 86 jobs in June.




The Bee hinted that more layoffs are still possible.

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Information from: The Sacramento Bee, http://www.sacbee.com


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