111 staffers to leave Newsweek

Folio reports that 111 Newsweek staffers have accepted buyouts, a move that came after the magazine offered nearly 150 employee buyouts.
The buyout is said to have included as much as two years salary, certain pension bonuses and the option to continue health care packages until age 65.
Folio says it's not clear what the magazine will do without such a large contingent of its senior staffers. Some top writers and editors—including David Gates, David Ansen and George Hacket—are among those who are leaving before the end of the year. Political writers Jonathan Alter and Howard Fineman declined the offer.
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