The Newspaper Guild has been asked to let the Company know how many people might be interested in a potential buyout.
In response to the Guild’s request that voluntary reductions be sought first, the Company asked the union to come up with a list of people who might be interested. While this is not the usual route for a buyout offer, the Guild is trying to do all it can to reduce involuntary layoffs.
Here are the terms the Guild proposed: Employees would get severance as outlined in the contract (a week for every six months of service, starting with two weeks after six months) and health insurance through the remainder of the year. (We argued that since many members have already paid most if not all of the $750 deductible, they should get the full year’s benefit of the insurance.)
Employees who take such a buyout would still be able to claim unemployment.
If you are seriously interested in this offer, please let the Guild know by 9 a.m. Tuesday by e-mail at email@example.com or by calling the Guild office at 482-9218. You must provide your name and your name will be shared with the Company. This does not obligate you to take the buyout, but it is essential f or us to be able to provide accurate estimates in the hopes we can save some jobs.