The Houston Chronicle offered voluntary buyouts to its employees today, with a goal of reducing staff by roughly 80 full-time positions, Publisher and President Jack Sweeney said Thursday.
Depending on how many employees request buyouts, layoffs might be necessary. When the reductions are completed at the end of the month, the full-time staff will be cut by 5 to 6 percent, Sweeney said.
The problems the newspaper industry faces are numerous, but the Chronicle‘s current “dumbed down and trashed up” strategy should not be a model for other newspapers.
Final word goes to Matt:
A little math reveals that the Chronicle employs about 1,450 people. Less than four years ago, more than 2,400 people worked for the Chron.
Firing a thousand people must be good for editor Jeff Cohen’s golf game. His handicap currently stands at 8.6, down from 9 during last year’s layoffs.
Nice shooting, Jeff!
RELATED: Chronicle to reduce workforce (Houston Business Journal)