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BtoB

‘Newsweek’ offers early retirement

Published on .

Washington--Newsweek magazine is offering early retirement packages to about 12% of its staff, in an effort to cut costs. The packages have been offered to about 85 employees who are 55 or older and have worked for the magazine for at least 10 years, according to a Newsweek spokesman. The magazine has a full-time staff of 740.
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