On the same day that it ended print publication of the Seattle P-I the Hearst Corp. announced that 48 people at its various Connecticut papers will be taking buyouts, representing almost 7 percent of the 700 employed here.
Considering that these are buyouts, rather than layoffs, I suppose that they represent the high end of the compensation scale and therefore the papers are probably saving more than 7 percent in salary costs.
Story: http://www.google.com/hostednews/ap/article/ALeqM5hqmjbJ5V9S3U7ChySXogYL9wUrFQD96VU2U00
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