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#buyouts — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #buyouts, aggregated by home.social.

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  1. If there are still no policies in place to help those being displaced by these tools, we should not be incorporating them in our everyday work!

    YouTube is offering employees buyouts as part of an AI-focused reorganization

    engadget.com/big-tech/youtube-

    #YouTube #Labor #Buyouts #AI #Reorganization #Tech

  2. The waning Washington Post

    Saturday’s copy of the Washington Post could not have made much of a thump whenever it landed on our front walk this morning. At two sections and 36 pages, it was a sadly diminished descendant of what has been the thinnest daily edition of the paper for as long as I can remember, even before I started work there in December of 1993.

    (Back then, average weekday print circulation had just peaked at 832,332; as of June, it reportedly stood at 97,000. The Post’s digital subscriptions hit a high mark of 3 million in January of 2021 and had fallen to 2.5 million by late October.)

    In addition to having separate A, Metro, Sports and Style sections compressed into those two sections, part of a cutback to the print edition made in June, Saturday’s paper was also absent many familiar, favorite bylines–the result of a disturbing exodus of talent from my former employer.

    Even after more than two decades of seeing buyouts encourage dozens of the Post’s more experienced journalists to head for the exits, the numbers and the names of Posties taking a buyout this time are shocking. Among the dozens hitting the ejection seat:

    It’s a horrible hollowing out even before you count the Post journalists who jumped before they could be pushed. See, for example, humor writer Alexandra Petri, whom The Atlantic was smart enough to poach and who has been joined by enough other Post refugees that the paper might as well now be that magazine’s farm team.

    The Nats have never had a fire sale like this, and the Post isn’t even getting prospects in return–just personnel expenses saved, with the buyout packages paid via the paper’s miraculously overfunded pension fund.

    The better comparison is not to our home team but to an out-of-town squad that won’t leave Washington: Elon Musk’s DOGE minions, who might have struggled to do this much damage to the Post if they had commandeered an office at 1301 K Street NW.

    I have not yet canceled our subscription because the Post continues to do good and useful work, especially at the national and international level. But its local coverage has shrunk to the point of often becoming borderline useless, leaving me to piece together a replacement for it by reading the likes of WAMU, Greater Greater Washington, ArlNow, The 51st and the Virginia Mercury.

    The proximate cause for this destruction of journalistic value is the new crop of management led by CEO and publisher Will Lewis, a Fleet Street import with a record of questionable journalistic ethics in London who has shown himself to be a newsroom cancer since his arrival two winters ago.

    But Washington Post owner Jeff Bezos hired Lewis and has yet to fire him. Bezos spiked the paper’s endorsement of Kamala Harris two weeks before the election, had the paper insult the intelligence of its readers with its explanation (followed by more than 300,000 of them canceling their digital subscriptions), and then spent millions to curry favor with President Trump. Bezos directed the opinions section to become a defender of “personal liberties and free markets” and has since seen some of that section’s better advocates of those things leave even as hacks like Marc Thiessen remain.

    Bezos has, however, yet to interfere with the paper’s news coverage–which would be my own subscription-canceling moment.

    This is much worse than what I thought might happen when Bezos stunned D.C. with his $250 million purchase of the Post in 2013, and it is an even steeper drop from how things seemed to have progressed a decade ago. My journalistic alma mater now seems trapped in the grip of a billionaire with no need to sell such a trivial asset but also no interest in investing to improve it.

    That may be fine financially for Bezos and his other businesses, many of which are heavily exposed to Trump’s uninformed whims. But if this is how he leaves the Washington Post, there should be no amount of packages shipped, data centers built, or rockets launched that will erase this stain from his record.

    #1301KStreet #BezosWashingtonPost #buyouts #DOGE #JeffBezos #LocalNews #newspaper #wapo #WashPost #washingtonPost #WillLewis

  3. #NASA begins push to slash workforce with more staff #buyouts, early retirements as budget cuts loom
    June 9 memo lays out what personnel can do, including buyouts, early retirements, and deferred resignations. For the latter, employees would be able to stop working within two weeks, but still get paid through the end of the year,.
    Trump budget aims to reduce NASA's overall budget by 24% and its workforce from its current 17,391 employees down to 11,853, a 32% reduction.
    space.com/space-exploration/na

  4. Associated Press: Google offers buyouts to more workers amid AI-driven tech upheaval and antitrust uncertainty. “Google has offered buyouts to another swath of its workforce across several key divisions in a fresh round of cost cutting coming ahead of a court decision that could order a breakup of its internet empire. The Mountain View, California, company confirmed the streamlining that was […]

    https://rbfirehose.com/2025/06/12/associated-press-google-offers-buyouts-to-more-workers-amid-ai-driven-tech-upheaval-and-antitrust-uncertainty/

  5. 🚨 Google offers voluntary buyouts to US staff across multiple divisions, including core search and ads teams. Major restructuring underway at the tech giant. #Google #TechLayoffs #Buyouts #GoogleSearch #TechNews #SiliconValley #Alphabet #TechJobs #Restructuring

  6. Judge allows #Trump to proceed w/legally questionable #buyouts

    A federal judge allowed Trump to carry out his worker buyout as it continues to burn down the #USgovernment, setting back #unions & the justice system interested in stopping his plan.

    Judge George O'Toole rejected a request by unions representing >800k #FederalEmployees for an order blocking the program. Unions have called the admin's buyout offer to civilian employees unlawful.

    #law
    reuters.com/world/us/us-judge-

  7. [So #StephenMiller basically just described #ElonMusk & #DOGE to a tee but projected it onto the #judiciary]

    The pushback comes as #Trump tries to dismantle govt agencies & eliminate large swaths of the federal workforce are being held up by the courts. Judges have also blocked Trump… from moving forward w/mass federal #buyouts, from placing thousands of #USAID workers on leave & from implementing an #ExecutiveOrder that seeks to end #BirthrightCitizenship for anyone born in the #US.

    #law

  8. #GremlinZoo #USPol #Buyouts

    From AP.com: Live updates: Judge temporarily blocks Trump plan offering incentives for federal workers to resign

    apnews.com/live/trump-presiden

  9. Earlier on Tuesday, #unions representing #US government employees filed a lawsuit to block the #Trump administration's plan to offer #buyouts to #FederalWorkers.

    Ratcliffe, a fmr member of the #House of Representatives who served as Director of National Intelligence during Trump's first term, was confirmed by the US #Senate as director of the #ClA days after Trump took office for his second term.

    #law #USpol

  10. WTAF?

    #CIA offers #buyouts to entire workforce to align with #Trump priorities

    A CIA spox said in a statement the moves were meant to align the agency with the goals of Trump’s new ClA Director #JohnRatcliffe.

    "Director Ratcliffe is moving swiftly to ensure the ClA workforce is responsive to the Administration's #NationalSecurity priorities. These moves are part of a holistic strategy to infuse the Agency with renewed energy," a CIA spox said.

    #law #USpol
    reuters.com/world/us/cia-offer

  11. /1 Eliminating staff in private sector following on heels of layoffs and firings in federal government - In an email to staff #LATimes says it’s offering #voluntary #buyouts to all staff who have been there for more than two years. bsky.app/profile/maxtani.bsky. #media #journalism

  12. @w7voa Buyouts encourage the best people to leave, because they can effectively get a bonus by leaving and then they can pursue other options. People who don’t have other options tend to stay. So you end up with a lower performing workforce. #buyouts

  13. #Airtrafficcontrollers + all federal employees were emailed by the #Trump administration urging them to #quit #resign their #jobs and take mass #buyouts just 24 hours after the D.C. plane crash. They were among hundreds of thousands of federal workers sent the email at 8.30 p.m. Thursday to push the extraordinary offer by Trump’s aides to get civil servants to quit en masse. thedailybeast.com/trump-admin-

  14. The #Trump admin announced that it is offering #buyouts to all federal employees who opt to leave their jobs by next week.

    A memo from the Office of Personnel Management, the government’s HR agency, also said it would begin subjecting all federal employees to “enhanced standards of suitability & conduct” [sounds a bit like enhanced interrogation] & ominously warned of future downsizing.

    #labor #law
    apnews.com/article/trump-buyou

  15. Buyouts are complicated but increasingly needed as we adapt to flooding related to climate change. There are ways to improve the process and help people get out of harm’s way. #climate #climatechange #climateadaptation #climateresilience #flooding #sealevel #flooding #buyouts #relocation #federalfunding annenconnor.substack.com/p/pla

  16. New conservancy announced in rare rainforest a kickoff in BC’s biodiversity protection targets

    Wilderness Committee applauds leadership from First Nations and local conservationists, questions precedent of buying out logging tenure

    wildernesscommittee.org/news/n

    #rainforest #oldgrowth #Indigenous #conservation #30x30 #logging #buyouts #bcpoli #nature

  17. Portfolio bloat: what’s happening to thousands of startups going nowhere fast - Earlier this week, much was made of the e-commerce business Brandless deciding to shutter its doors.... more: feedproxy.google.com/~r/Techcr #vistaequitypartners #insightpartners #venturecapital #sequoiacapital #uncorkcapital #saastrfund #capitalg #homebrew #startups #buyouts #acquia #exits #tc