Bee offers buyouts to most employees |

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.


Information from: The Sacramento Bee,

Support Local Journalism

Support Local Journalism

Readers around Grass Valley and Nevada County make The Union’s work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.

Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.

Your donation will help us continue to cover COVID-19 and our other vital local news.


Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.

User Legend: iconModerator iconTrusted User