Big news coming from Tampa.
Media General’s parent company Florida Communications Group which oversees the operation of WFLA-TV, TBO.com, The Tampa Tribune and other smaller newspapers in the area is offering half of their 1,326 employees voluntary buyouts.
663 select employees from all news operations will have an option to accept either 1 week pay for every year employed up to 26 weeks or 2 weeks pay for every year employed up to 39 weeks.
Florida Communications Group president John Schueler says if not enough employees accept the severance offered there may be layoffs because the “cost savings needed are significant”
