Trib Total Media Offers Buyouts for Employees

Summary


Trib Total Media, which publishes the Pittsburgh Tribune-Review and other newspapers in the region, announced a voluntary buyout for employees today.

The move is typical in the newspaper industry these days and follows similar cost-saving measures by other companies, said president and chief executive Ralph Martin.

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Extract


Trib Total Media Offers Buyouts for Employees

Martin described the plan as "one of the most generous in any industry."

It provides up to one year's pay, up to 36 months...

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