Washington Post announces another buyout program targeting veteran staffers, other departments

The Washington Post announced Monday it was implementing different buyout program, this clip targeting seasoned staffers and different section employees. 

"Today, we are announcing that The Washington Post is offering a Voluntary Separation Program (VSP) to quality employees with 10 oregon much years’ work astatine The Post, arsenic good arsenic to each members of the video section and to each members of the transcript table and sports transcript desk," Washington Post enforcement exertion Matt Murray wrote successful a unit memo obtained by Fox News Digital. 

The memo stated the determination was portion of The Washington Post's "ongoing newsroom translation efforts aimed astatine reshaping and modernizing the newsroom for the existent environment."

"Like the remainder of our industry, we are adapting to changing habits and caller technologies that are transforming quality experiences. Even arsenic we person begun creating caller departments and welcoming caller colleagues, to scope caller audiences we indispensable summation our staffing flexibility and grow successful areas specified arsenic assemblage information and societal video," Murray continued. 

Washington Post enforcement exertion Matt Murray announced a caller circular of buyouts chiefly targeting seasoned staffers.  (Robert Miller/The Washington Post via Getty Images)

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Murray told unit the buyout programme would reason by the extremity of July. 

"With the VSP, we volition nary uncertainty spot valued colleagues and friends determine to permission The Post," Murray wrote. "But arsenic stewards of this large institution, we each indispensable stay relentlessly focused connected bringing engaging and applicable journalism to increasing numbers of readers successful the formats and ways they privation it successful 2025. That is an urgent and important task for america fixed the gait of technological change, the industry’s evolving scenery and the ever-present request to nutrient and beforehand strong, rigorous and autarkic journalism." 

According to a VSP papers viewed by Fox News Digital, 9 months of basal wage would beryllium fixed to staffers employed for 10-15 years, 12 months of basal wage for 15-20-year veterans, 15 months of basal wage for 20-25-year veterans and 18 months for anyone who has worked astatine the Post for much than 25 years. All of them would besides person 12 months of wage recognition successful their Separate Retirement Account (SRA). 

The Washington Post's caller buyout programme is taking purpose astatine staffers who person been with the insubstantial for much than 10 years, arsenic good arsenic staffers astatine the transcript desk, video section and sentiment team. (Jahi Chikwendiu/The Washington Post via Getty Images)

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One Washington Post staffer told Fox News Digital that the caller buyout programme is "less discerning" than erstwhile rounds of buyouts due to the fact that of however wide it is, adding that transcript editors are "always targets" and that they're "always underperticipated." 

"Less important who stays oregon goes. Just privation to get the numbers down," the staffer said. 

A spokesperson for The Washington Post told Fox News Digital, "The Washington Post is continuing its translation to conscionable the needs of the industry, physique a much sustainable aboriginal and scope audiences wherever they are. This voluntary programme is portion of our ongoing efforts aimed astatine reshaping however we present world-class quality experiences and grow our scope to service each Americans."

Jeff Bezos' Washington Post has been plagued with fiscal woes successful caller years. ((Photo by Karwai Tang/WireImage) ERIC BARADAT/AFP via Getty Images)

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The "Democracy Dies successful Darkness" insubstantial was deed with layoffs earlier this twelvemonth and antecedently implemented buyouts successful 2023. The Post was reportedly expected to suffer a whopping $77 million successful 2024. 

There has been an exodus of endowment from the Post successful caller months, including respective resignations pursuing moves made by the paper's billionaire owner, Jeff Bezos, who halted the Post's endorsement of erstwhile Vice President Kamala Harris conscionable days earlier the statesmanlike predetermination and his initiative announced earlier this year, ordering columns regularly defending "personal liberties and escaped markets" and banning viewpoints that reason them.

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