If we offer buyouts on top of severance, then I'm going to have to lay off more people.
It was last May, when the city was offering buyouts to municipal workers.
The company offered early-retirement buyouts to 9,200 workers, about 17 percent of the American work force.
It had offered buyouts first to that group of workers, but only about 6,000 employees accepted them.
Sometimes, they offered insultingly low buyouts of $3,000 per apartment.
Continental said it would first offer buyouts, leaves of absence and attrition.
Just last week, 10 news writers out of about 40 were offered buyouts.
Expect the most capable to leave, as they always do when companies offer voluntary buyouts.
In addition, the betting corporation plans to offer voluntary buyouts to about 100 employees.
The company has also offered buyouts to 9,000 employees in the United States.