Buyouts | featured news

About 25,500 front-office clerks, mail handlers, drivers and other employees have accepted an early-retirement offer from the U.S. Postal Service, among the money-losing agency's largest efforts in recent years to shed employees.

Home-improvement company Lowe's is withdrawing its buyout bid for Rona Inc., saying that the Canadian home-improvement company's board does not seem to want to engage in talks.

How will the voluntary buyouts announced by The Post this week — the fifth such round in the past nine years — affect the quality of the publication?

Digital publisher Ziff Davis has agreed to a buyout deal led by Great Hill Partners and former Time Warner executive Vivek Shah.

The New York Times said on Monday it would cut 100 newsroom jobs through buyouts or layoffs as it tries to counter lost advertising revenue.

The Postal Service is offering $15,000 buyouts to employees in an effort to cut costs at a time when the post office is being ...

Washington Post Co plans to offer a new round of buyouts in 2009 to employees at its namesake, money-losing newspaper and cannot rule out layoffs, its publisher said on Thursday.

General Motors said 7,500 of its U.S. hourly workers accepted buyout offers, as the auto maker continues to shrink its operations amid heavy losses and a global slump in demand.