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Jan 11, 2008

Sun-Times offering buyouts

The Chicago Sun-Times is offering union-represented newsroom employees aged 55 and older a buyout package that includes severance pay and extended health insurance coverage, acorrding to Editor & Publisher reports.
The deadline to accept the buyouts is Jan. 18. The package will include two weeks salary for each year of employment to a maximum of 25 weeks. Employees will also be placed on a re-hire list for 18 months and continue to recieve health coverage for that time.
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