54 Trib staffers raise hand for buyout

By a May 14 deadline, 54 Chicago Tribune newsroom employees had offered to take early retirement in response to a job cut plan at the paper, sources say. Volunteers include such recognizable bylines as City Hall reporter Gary Washburn and columnist Charles M. Madigan. Last month, Tribune managers said they would cut 100 jobs, or a little more than 3% of the Chicago publishing group's 2,900 workers, in response to faltering revenue. Employees expect to hear the outcome of their applications by month's end. [Gregory Meyer]

[Source: Crain's Chicago Business]