By Joe Strupp, Editor & Publisher

 

Photo Credit: judsond (Creative Commons)

The Associated Press is quietly offering buyouts that include $500 for each year of service and increased pension benefits to several hundred veteran employees, according to AP and a News Media Guild statement.

Although the buyouts were offered three weeks ago, AP did not publicize them outside of the news cooperative and the guild offered only a notice on its Web site.

Guild leaders have not immediately responded to requests for comment Tuesday.

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Photo Credit: judsond (Creative Commons)

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