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08/17/2016

Buyouts hit GateHouse newspapers across the United States

From Poynter

More cuts are coming to newspapers owned by GateHouse Media.

Several papers, including the Columbus (Ohio) Dispatch, the Rockford (Illinois) Register Star and the Providence (Rhode Island) Journal are undergoing a round of buyouts as the newspapers' parent company seeks to offset revenue declines.

Journalists at GateHouse Media who accept the buyout will receive one week of severance pay for every year at the company, according to the buyout offer (below). The deadline to accept the buyout is Aug. 29, and eligible employees will leave the company on Sept. 16.

The company also acknowledged the possibility of layoffs in a informational packet attached to the buyout offer.

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