The Sacramento Bee today offered voluntary buyouts to most of its full-time employees and hinted there will be more layoffs.
Back in June, the paper eliminated 86 jobs as part of a massive company layoff ordered by its parent, The McClatchy Co. Bee executives said more cuts are needed because the economic downturn has gotten worse. In a Bee story today, its publisher Cheryl Dell said the bankruptcies of several advertisers such as Linens N Things and Mervyns, has contributed to the uncertainty.
If there aren’t enough voluntary buyouts, management will resort to layoffs.