{"id":36045,"date":"2019-05-09T14:58:18","date_gmt":"2019-05-09T18:58:18","guid":{"rendered":"http:\/\/mileniostadium.com\/?p=36045"},"modified":"2019-05-09T14:58:18","modified_gmt":"2019-05-09T18:58:18","slug":"globe-and-mail-offers-voluntary-buyouts-in-effort-to-save-10m-annually","status":"publish","type":"post","link":"https:\/\/mileniostadium.com\/canada\/globe-and-mail-offers-voluntary-buyouts-in-effort-to-save-10m-annually\/","title":{"rendered":"Globe and Mail offers voluntary buyouts in effort to save $10M annually"},"content":{"rendered":"

The Globe and Mail has offered its employees a voluntary severance program in an effort to cut costs.<\/p>\n

Globe employees were told Wednesday that the newspaper is looking to cut $10 million annually from its operating budget.<\/p>\n

A Globe spokeswoman says employees have until May 29 to enrol in the voluntary program and the company will decide in July if involuntary layoffs are necessary.<\/p>\n

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The Globe and Mail last offered voluntary severance to its employees in 2016.<\/p>\n

The Globe and Mail is wholly owned by the Woodbridge Company Ltd., a private holding company that acts as the primary investment vehicle for Toronto’s billionaire Thomson family.<\/p>\n<\/div>\n<\/div>\n

DR<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

The Globe and Mail has offered its employees a voluntary severance program in an effort to cut costs. Globe employees were told Wednesday that the newspaper is looking to cut …<\/p>\n","protected":false},"author":32,"featured_media":36046,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3539],"tags":[3553,6897,8202,8201,8203],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/mileniostadium.com\/wp-content\/uploads\/2019\/05\/The-Globe-and-Mail.png","_links":{"self":[{"href":"https:\/\/mileniostadium.com\/wp-json\/wp\/v2\/posts\/36045"}],"collection":[{"href":"https:\/\/mileniostadium.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mileniostadium.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mileniostadium.com\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/mileniostadium.com\/wp-json\/wp\/v2\/comments?post=36045"}],"version-history":[{"count":0,"href":"https:\/\/mileniostadium.com\/wp-json\/wp\/v2\/posts\/36045\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mileniostadium.com\/wp-json\/wp\/v2\/media\/36046"}],"wp:attachment":[{"href":"https:\/\/mileniostadium.com\/wp-json\/wp\/v2\/media?parent=36045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mileniostadium.com\/wp-json\/wp\/v2\/categories?post=36045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mileniostadium.com\/wp-json\/wp\/v2\/tags?post=36045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}