decline in revenue

The big O (Oregonian) is offering buyouts to many of its employees.

More at Willy Week and Blogtown, PDX.

Apparently, they want to get at least 50 buyouts from the newsroom.

And I just resubscribed ...

To quote Matt Davis at the Merc:

UPDATE, 10:46: This is pretty awful. We're trying to figure out how many employees the Oregonian actually has. Either way, 100 is going to put an enormous dent in their operation. ... I want to hear what the mood is like down there. Honestly, I can't imagine.