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...
This story has expired! You can purchase the full text in our news archives. |
Copyright © Capital Gazette Communications LLC, 2012.
See our
Privacy Policy and Terms of Use
If you encounter other problems, please email nlundskow@capitalgazette.com and include your name, username, and any errors or messages that are displayed. The more information you can provide, the better able we will be to assist you.
In order to post or vote on a comment, you must be signed in with a hometownannapolis account.
Take a look at a summary of Commenting Guidelines.
If you encounter other problems, please email nlundskow@capitalgazette.com and include your name, username, and any errors or messages that are displayed. The more information you can provide, the better able we will be to assist you.