Austin American-Statesman to Reduce Staff by 167– Nearly a Quarter

Mary Tuma reports on the staff reductions coming to the Austin American-Statesman newspaper:

Austin’s daily newspaper, the Austin American-Statesman, announced Wednesday that it would offer buyouts to 167– or about a quarter – of its employees in an effort to reduce costs amid declining revenue. The voluntary separation packages include up to a year in severance pay for employees at or near retirement age, the paper recently reported.

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