voluntary severance

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Paid Off And Gagged, WSJ Honchos Betray Treasured Trust

Murdoch burns paper's 'fundamental value'

(Newser) - More top Wall Street Journal execs have been spit out by the Murdoch machine, and the staff they leave behind is furious they’re leaving so quietly. Zipping their mouths was part of hefty severance packages, David Carr notes in the New York Times, and as the line evaporates between... More »

Delta Will Slash 2K Jobs

Firm will offer voluntary severance to 30,000 employees

(Newser) - Battered by skyrocketing fuel prices, Delta Air Lines will eliminate 2,000 jobs to cut costs, the Atlanta Journal-Constitution reports. With oil prices driving the airline’s fuel expenditures $900 million higher than expected, the carrier will offer buyouts to some 30,000 employees, aiming to cut 1,300 flight... More »

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