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Oct 10, 2008

Star-Ledger saved, faces new problem

The New Jersey Star-Ledger avoided folding earlier this week after negotiating a new contract with the drivers union.
However, that doesn't mean the paper has solved all of its problems, according to the New York Post.
There were eventually 409 volunteers for a buyout that included a year's pay. That is more than 50 percent of the non-union work force of 756. The company said it needed 200, and would accept up to 230.
With so many people trying to quit with a package it is going to be a big headache for Publisher George Arwady and Editor-in-Chief Jim Willse to put out the paper.
According to the article, sorting out whom to grant a buyout to, and whom to reject, could take the rest of the month to complete.

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