Associated Press to cut 8% of staff through layoffs and buyouts
Agency president says fewer than half of cuts should affect news division as 121 people reportedly given buyout offers
The Associated Press announced on Monday that it plans to reduce its workforce by 8% through a combination of voluntary buyouts and layoffs.
In an internal email obtained by the Guardian, AP’s president, Daisy Veerasingham, informed staff that adapting to industry challenges requires “making some difficult changes so we can invest more fully in our future”.
Continue reading...
Read more at The Guardian
Topics
-
Associated Press cutting staff through buyouts
Politics - The Hill - 4 hours ago -
The Associated Press says buyouts and some layoffs are ahead as it seeks to cut its workforce by 8%
Entertainment - ABC News - 1 hour ago -
Associated Press to Cut Staff by 8%
Business - The New York Times - 3 hours ago -
Southwest Offers Buyouts and Blames Boeing for Job Cuts
Business - Inc. - 6 days ago -
‘It is a little analog’: how the Associated Press calls election winners in the US
World - The Guardian - November 5 -
Union calls Democratic party staff layoffs after record fundraising ‘callous’
World - The Guardian - 2 hours ago -
SNP plans to cut staff at party headquarters
Top stories - BBC News - 2 days ago -
Volkswagen targets layoffs and 10% pay cuts amid plans for German plant closures, union says
Business - CNBC - October 28 -
Employers eye staff pension schemes to cut national insurance bills
World - Financial Times - November 8
More from The Guardian
-
Kremlin says Biden is ‘fuelling fire’ of Ukraine conflict with missiles decision
World - The Guardian - 6 hours ago -
Trump confirms he will utilize US military to conduct mass deportations
World - The Guardian - 3 hours ago -
Matt Gaetz ‘paid for sex’, says lawyer for two women who testified to House committee – live
World - The Guardian - 22 minutes ago -
Tens of thousands to converge on NZ parliament as march to protest controversial Māori rights bill reaches capital
World - The Guardian - 44 minutes ago -
Gaza ministry says 20 killed in anti-‘gang’ operation after looting of aid convoy
World - The Guardian - 42 minutes ago