International Business News - Buyouts http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Nissan employees taking buyout offers of up to $125,000 to leave their jobs in Smyrna and Decherd have an invitation to apply with the South's automaking newcomer, Volkswagen. http://www.ibtimes.com/articles/20080912/nissan-good-response-to-tenn-worker-buyouts.htm Fri, 12 Sep 2008 17:45:36 EDT The Sacramento Bee is giving buyouts to 87 employees, including 23 in its newsroom. It's the second time this summer the newspaper has shed jobs as it faces significant declines in advertising revenue. http://www.ibtimes.com/articles/20080911/sacramento-bee-buys-out-87-employees.htm Thu, 11 Sep 2008 18:05:20 EDT Three McClatchy-owned newspapers in Washington are asking some employees to accept voluntary staff reduction buyouts as the papers cut costs because of declining revenue. http://www.ibtimes.com/articles/20080909/olympia-tacoma-tri-cities-papers-offer-buyouts.htm Tue, 09 Sep 2008 12:03:38 EDT A.H. Belo Corp. said Thursday that it has completed a round of buyouts at its newspapers and that layoffs will be done by this fall. The company made the voluntary severance offer in July and 413 have accepted and plan to leave the company. That includes 270 people at The Dallas Morning News, 23 at The Providence Journal in Rhode Island and 120 at The Press-Enterprise in Riverside, Calif. http://www.ibtimes.com/articles/20080904/a-h-belo-completes-buyouts-layoffs-done-soon.htm Thu, 04 Sep 2008 19:52:39 EDT The News & Observer of Raleigh and The Charlotte Observer are offering hundred of employees voluntary buyouts as their publisher, The McClatchy Co., copes with declining advertising revenue. http://www.ibtimes.com/articles/20080903/mcclatchypaper-in-nc-offers-buyout-to-about-320.htm Wed, 03 Sep 2008 13:45:28 EDT The San Diego Union-Tribune has announced buyouts that aim to cut its staff by 76 positions, including 30 in the newsroom. The offer comes barely a month after the newspaper's owner, Copley Press Inc., put itself up for sale. The buyouts are available to employees with at least five years at the company. http://www.ibtimes.com/articles/20080829/san-diego-union-tribune-offers-buyouts.htm Fri, 29 Aug 2008 12:28:03 EDT More Kansas City Star employees will be offered buyouts as the newspaper continues to struggle with a drop in advertising revenue. The newspaper reported on its Web site Monday that Publisher Mark Zieman sent an e-mail to employees announcing the voluntary buyouts. He did not cite a specific number for job reductions but said the newspaper may need to make involuntary reductions to augment the voluntary program. http://www.ibtimes.com/articles/20080825/kansas-city-star-to-offer-more-employee-buyouts.htm Mon, 25 Aug 2008 12:51:22 EDT The Plain Dealer, Ohio's largest newspaper, on Tuesday offered voluntary buyouts to most of its 370 nonunion office workers, representing nearly a third of the paper's 1,200 employees. http://www.ibtimes.com/articles/20080819/ohio-newspapers-offer-buyouts.htm Tue, 19 Aug 2008 22:56:49 EDT Fewer state workers than hoped have accepted New Jersey's offer of early retirement. Gov. Jon S. Corzine hoped to save $90 million by trimming 2,100 workers from the state payroll. However, a report to the Legislature released Friday shows only 1,488 have accepted the state's offer. http://www.ibtimes.com/articles/20080815/nj-falls-short-of-early-retirement-goal.htm Fri, 15 Aug 2008 17:52:06 EDT The Cincinnati Enquirer is asking for 50 volunteers companywide to take buyouts, part of nationwide cost cutting by the Gannett Co. Gannett, The Enquirer's parent company, said Thursday it is eliminating 1,000 jobs, including 600 layoffs, across its newspaper operations. http://www.ibtimes.com/articles/20080815/cincinnati-newspaper-seeks-buyout-volunteers.htm Fri, 15 Aug 2008 13:42:29 EDT The Bush administration dealt a blow to the already reeling financial services sector Wednesday, ruling that companies can't transfer their pension plans to large banks to be managed for a profit. http://www.ibtimes.com/articles/20080806/treasury-rules-against-pension-plan-transfers.htm Wed, 06 Aug 2008 13:31:29 EDT Gov. Phil Bredesen said Tuesday that Tennessee's willingness to address worsening economic conditions without "playing games" could help solidify the state's credit rating, which helps determine how much the state pays to borrow money for big projects. http://www.ibtimes.com/articles/20080805/tenn-governor-says-buyout-plan-helps-bond-ratings.htm Tue, 05 Aug 2008 15:17:24 EDT Nissan North America Inc. said Wednesday it will offer buyouts to about 6,000 employees at the company's two Tennessee plants and eliminate a night shift at one plant because rising fuel prices and the economic downturn have slowed sales of trucks and sport utility vehicles. http://www.ibtimes.com/data/articleimgs/100982-nissan-buyouts.jpg http://www.ibtimes.com/articles/20080730/nissan-offering-buyouts-to-tennessee-employees.htm http://www.ibtimes.com/articles/20080730/nissan-offering-buyouts-to-tennessee-employees.htm Wed, 30 Jul 2008 18:31:39 EDT More than 2,000 U.S. hourly workers are expected to take buyout offers from auto supplier American Axle and Manufacturing Holdings Inc., a United Auto Workers official said Wednesday. http://www.ibtimes.com/articles/20080723/ap-source-over-2-000-workers-taking-axle-buyouts.htm Wed, 23 Jul 2008 18:23:41 EDT The facilities where Ford Motor Co. will offer its latest round of buyouts next week to hourly workers: MICHIGAN http://www.ibtimes.com/articles/20080721/a-look-at-where-fords-buyouts-will-be-offered.htm Mon, 21 Jul 2008 18:06:03 EDT After falling short in previous attempts to trim its hourly ranks through buyouts, Ford Motor Co. is trying again--likely to make room for new hires making about half the wage of current workers. http://www.ibtimes.com/articles/20080721/ford-expands-buyout-offers-at-mich-ohio-plants.htm Mon, 21 Jul 2008 18:11:35 EDT Debbie Halcomb unpacked boxes as she moved back into her flood-damaged home, but worried that her damp carpet harbors mold. She enjoys the normally tranquil setting of Winfield, a community about three miles from the Mississippi River. But she's had enough. She's hoping for a government buyout so she can move to higher ground. http://www.ibtimes.com/data/articleimgs/92888-flood-buyouts.jpg http://www.ibtimes.com/articles/20080717/midwests-flood-prone-communities-consider-buyouts.htm http://www.ibtimes.com/articles/20080717/midwests-flood-prone-communities-consider-buyouts.htm Thu, 17 Jul 2008 08:53:11 EDT General Motors Corp. has hired some 450 temporary workers and recalled workers laid off earlier this year for the Moraine plant it has slated for closure. http://www.ibtimes.com/articles/20080627/gm-hires-temp-workers-for-moraine-plant.htm Fri, 27 Jun 2008 11:55:39 EDT The city's two major daily newspapers, in the face of industrywide financial difficulties and a troubled state economy, are offering buyouts to employees and shared business staff in a bid to cut at least 150 positions. http://www.ibtimes.com/articles/20080624/detroit-newspapers-seek-to-buy-out-7-pct-of-staffs.htm Tue, 24 Jun 2008 11:52:48 EDT General Motors Corp. says 18,657 U.S. hourly workers, about 25 percent of its work force, will take early retirement and buyout offers to leave the company. A look at how many workers took the offers at GM factories: http://www.ibtimes.com/articles/20080619/a-look-at-how-many-workers-are-leaving-gm-early.htm Thu, 19 Jun 2008 17:34:35 EDT