A Flood of Tribune Publishing Employees Signs Up for Buyout

Hundreds of Tribune Publishing employees may accept a buyout offer and hit the exits by year-end, giving the newspaper company a chance to cut labor costs but saddling it with hefty severance payouts and a loss of experience.

At the Los Angeles Times, Chicago Tribune and the company's seven other smaller newspapers, a large percentage of editors, reporters, press operators and support staff have raised their hands to take the offer.