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Tag: Buyout

kevin dooley (CC BY 2.0)

A Big Buyout at the Postal Service

The money-losing USPS is offering buyouts to 45,000 mail handlers as it moves to slash its payroll and cut the number of processing centers around the country by nearly half.

Posted on May 26, 2012 READ MORE

Wikimedia Commons

Penthouse Offers to Buy Playboy

Is it media concentration if no one reads the articles? The owner of Penthouse magazine has offered to buy rival Playboy for $210 million in a move that would bring two of the largest men’s magazines under the same ownership umbrella.

Posted on Jul 16, 2010 READ MORE

Washington Post

Newsroom Carnage Continues at The Washington Post

This just in: The Washington Post is the latest major newspaper to undergo the apparently inevitable newsroom downsizing process, clearing out 100 more journalists with a “blunt instrument,” as former Post (and former New York Times) writer Sharon Waxman reports in her WaxWord blog. “The Washington Post as I know it has jumped the shark,” Waxman laments.

Posted on May 16, 2008 READ MORE

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