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Chicago Public Media avoids layoffs as 35 employees accept buyouts

Y2kTheNewOldies

Y2kTheNewOldies

current.org

Chicago Public Media avoids layoffs as 35 employees accept buyouts - Current

The organization is saving $4.2 million through the buyouts and other cost-saving moves.
current.org current.org

This affects the parent company of WBEZ and Chicago Sun-Times.

Chicago Public Media CEO Melissa Bell said Tuesday that the organization was able to reach its goal of addressing a budget gap through buyouts.

The organization is saving $4.2 million through the buyouts and other cost-saving moves, such as leaving certain executive roles vacant, a spokesperson told Current.

Thirty-five Chicago Sun-Times staffers accepted the buyout, Bell said. The employees that took the buyout consisted of 15 members of the Chicago Sun-Times Guild union, which consists of editorial staffers, as well as eight staffers in nonunion editorial positions and 12 on the business side, according to the spokesperson.
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