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Thursday, October 18, 2007

San Antonio Express-News offers buyouts

E&P reported Wednesday that the Express-News is offering voluntary buyouts to 40 to 50 employees.

"Increasingly, we find ourselves to be a company in transition: one that is growing robustly on some fronts, while experiencing retrenchment on other fronts," (president and publisher Tom) Stephenson wrote. "We are, in effect, transforming ourselves from a newspaper company to a publishing company, with substantial expansion beyond our core product."

1 comments:

Anonymous said...

Looks like they're not the only one in Texas.

http://www.editorandpublisher.com/eandp/search/article_display.jsp?vnu_content_id=1003661734