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Chicago Sun-Times cuts 20% of staff via buyouts to save $4.2M annually, facing financial strains.
The Chicago Sun-Times is cutting 20% of its staff through a buyout plan offered by its nonprofit owner, Chicago Public Media, to address financial difficulties.
The buyouts, which will save the company $4.2 million annually, are affecting key staff like columnists and editors, but no layoffs are planned in the near future.
The move aims to stabilize the paper as it faces future financial challenges.
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Chicago Sun-Times reduce el 20% del personal a través de compras para ahorrar $ 4.2 millones al año, enfrentando tensiones financieras.