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Gatehouse Media Targeting Unidentified Number of Buyouts at ProJo

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GateHouse Media, the owner of the Providence Journal, is targeting an unidentified number of buy-outs in non-union and union positions. "They tell us...

GateHouse Media, the owner of the Providence Journal, is targeting an unidentified number of buy-outs in non-union and union positions.

"They tell us they don't have a number that they're looking at," said John Hill, a reporter who is the president of the Providence Newspaper Guild.

Hill says GateHouse, whose corporate parent completed its purchase of the ProJo in September 2014, is moving ahead with a buy-out offer to non-union workers and has indicated the offer will also be made to the Guild.

Insiders do not think the latest buy-outs are a prelude to further layoffs.

The Guild is also seeking its first contract with GateHouse since being acquired by the company.

Rhode Island's statewide daily has gotten through repeated rounds of buy-outs and layoffs, starting before the paper was sold to the Belo Corporation in 1997 and accelerating with the growing challenge to newspaper revenue in recent years.

Previous buy-outs have included an offer of up to 12 weeks of pay for most employees, although 26 weeks' pay has been offered to workers with more than 40 years of service.

Gatehouse Media Targeting Unidentified Number of Buyouts at ProJo
Gatehouse Media Targeting Unidentified Number of Buyouts at ProJo