BDN offers buyouts

Posted Sept. 26, 2011, at 7:22 a.m.
Last modified Sept. 27, 2011, at 10:37 a.m.
Print this   E-mail this    Facebook this   Tweet this     

BANGOR, Maine — The Bangor Daily News is offering voluntary buyouts for up to 30 employees, with the possibility of layoffs later.

The BDN’s offer comes days after the Portland Press Herald said it would be cutting 40 jobs, first through buyouts, then layoffs.

Maine Public Radio says both papers are citing declining revenues due to a drop in advertising and competition from the Web.

Todd Benoit, the Bangor Daily News’ director of news and new media, tells public radio that it’s unlikely there will be a net loss of 30 people. He says 30 is the ceiling but not a goal.

Similar articles:

Marketplace News

Marketplace

Guidelines for posting on bangordailynews.com

The Bangor Daily News encourages comments about stories, but you must follow our terms of service.

In brief:

  1. Keep it civil and stay on topic
  2. No vulgarity, racial slurs, name-calling or personal attacks.
  3. People who harass others or joke about tragedies will be blocked.

The primary rule here is pretty simple: Treat others with the same respect you'd want for yourself. Here are some guidelines (see more):

ADVERTISEMENT | Grow your business

Marketplace Coupons

ADVERTISEMENT | Grow your business