[Miami New Times] This morning, Craig Forman, CEO of McClatchy Company, emailed all staff to say about 10 percent of the newspaper chain's employees would be offered voluntary buyouts. All of the details were not immediately available, though a meeting was called for 2 p.m. today at the Miami Herald ‐ the chain's most significant newspaper ‐ to offer details. "This will be a one-time opportunity," the email reads. "We do not anticipate another."Forman stresses the buyout is optional. "It is important to us that [employees] are empowered to make the next steps on their career path," he writes, and also references, "driving our company to a functionally based organizational structure in targeted strategic areas." It's unclear what that statement means.
Word Salad = "we're woke and going broke."