McClatchy Co., the parent company of The Kansas City Star and the Wichita Eagle, is offering buyouts to about 10 percent of its workforce. In an email to employees on Friday, McClatchy President and CEO Craig Forman said the company was "rolling out two major initiatives," including "a voluntary early retirement program for qualified colleagues, as we continue to align the size of our workforce to the changes that come with digital transformation."
Friday, February 01, 2019
DEAD-TREE DOWNSIZING: McCLATCHY STOCK STRUGGLES AS BUYOUTS ELIMINATE OLD SCHOOL WORKERS LIKE MOST OF THE KANSAS CITY STAR!!!
Former newspaper workers with political connections are working at discount rates for public radio . . . Here's their glorified blog from real news earlier in the day that shares the bad news about former coworkers with just a bit of glee that's prevalent among all of the bitter old school newsies who stalk the local Internets in order to correct spelling and grammar during their abundant spare time. Read more as people with more diverse interest their stock price struggling to stay above a paltry 6 bucks as hedge funds look for another asset to liquidate: