Work In Progress terminated


Came across this lyrical symptom of cost cutting, employee trimming and general corporate blood-letting: The writer of Work In Progress, a blog at TIME.com, has voluntarily left the organisation “after [her] managing editor… announced an open invitation for buyout volunteers”.  Maybe because of my work, I found that I could very much identify with her buyout-related tribulations – finding out from HR what the package would be, then realising her union had that information and she therefore did not need to tip her hand off to HR, negotiating with her boss about said package.  Two streams of questions struck me, almost simultaneously: Stream 1 – So many do not have the fortune of being in a position to volunteer for a buyout (both in terms of the company and her financial situation allowing her to).  Stream 2 – Why did TIME invite its people to volunteer for buyouts?  How would TIME judge the success of this exercise, whatever the reason?  Was everyone invited to do this, or just a section of its staff?  If the latter, how were they chosen?  Did TIME also invite them to volunteer to go on unpaid leave or some ‘reduced hours, reduced pay’ scheme?  Stream 2.1 – Are many other hard-copy magazines doing this?  (I would expect that maybe online-only magazines would not be able to save as much doing this and so aren’t.)  And are many other newspapers doing this?  And press agencies?

Thoughts would be very welcome :)

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Author: lichone

Ethics by Enid Blyton; physique by deep-fried things. I think we all have an instinct to tell stories and to build things and relationships,

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