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Business
Capital- Gazette offers buyoutsPublished 10/02/07
In response to declining advertising revenue, Capital Gazette Communications yesterday offered voluntary buyouts to 50 employees, or about 21 percent of its workforce.
The Annapolis company, which publishes The Capital daily newspaper, announced the buyouts were offered to employees who are at least 50 years old and have been with the company at least 15 years.
Company officials said the buyouts will be offered across all departments. The company, which has 233 full-time employees, will offer the plan to employees across all of its papers including the Maryland Gazette and the...
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