Buy the Way: 70 Exit 'Sun,' Meaning No Layoffs

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By: E&P Staff The Sun in Baltimore has announced that 70 employees will take voluntary buyout program, eliminating the need for layoffs. Seventeen cuts will come in the newsroom, which had a staff of about 350.

The Tribune Co. paper had targeted 75 total cuts, but reached its financial goals with the 70 buyouts.

The newspaper said earlier this month that it was offering the buyouts to reduce costs in response to a sluggish advertising environment and declining revenue. Two of the paper's five foreign bureaus are also being closed to cut costs.

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