BOSTON (AP) — The Boston Globe is cutting up to 50 jobs from its newsroom.
In a memo to employees Thursday, Globe editor Marty Baron said buyouts would be offered to all newsroom and Boston.com employees by the end of the month. If too few people take buyouts, Baron said there would be layoffs.
Details of the buyouts offered to union and management employees will be available later this month.
This is the fourth time in as many years the Globe has offered employee buyouts, as it deals with falling advertising revenue, declining circulation and readership shifts to the Internet.
The Globe is owned by The New York Times Co.
This program aired on January 15, 2009. The audio for this program is not available.