An update on the Portland Press Herald:
The Guild was notified yesterday about the company’s plan to reduce the number of employees at the Portland Press Herald, starting with a voluntary severance program and followed by layoffs. In response to declining revenues, the company plans to reduce the number of employees at the Portland Press Herald by approximately 40 people, including represented employees and managers, although the final number will vary depending on who takes the buyout. All job classifications are eligible for the program. Between buyouts and layoffs, the workforce will be reduced by about 15 percent, according to our estimate.