All the buyout offers submitted were accepted by the Post. Employees had to re-sign the yellow sheet acknowledging they know they’re being accepted into the Voluntary Separation Agreement. Those who are retiring also wrote “Retiring” on it to indicate same.
Management said more than 300 applied for the VSP and were accepted, but some departments were over quota, and others under. So there will still be layoffs in “some” departments, which will begin Aug. 18.
On Aug. 11, by 5 p.m., employees who have signed must give their final decision to go or stay. Those who stay will go into the pool from whom the “involuntarily separated” (laid-off) will be chosen. Those staffers will be offered severance, but the pay will be capped — we have heard — at 26 weeks of pay.
There have been no numbers circulated as to how many in each department were accepted, nor any numbers given to indicate how many more must be cut.
With the “all applications have been accepted” memo, the onus is now on individuals if they have their changed their minds and want to stay. The Post is not, we hear, changing its mind in any instance, and everyone who put in for the buyout will be “voluntarily separated.”
If those at The Post want to give numbers in your departments as to how many signed, WWP will keep count. Contact us at the link under our mast head if you wish to give us those numbers without showing up as a comment below. Name names if you like, or submit your own.
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