Memo sent to USA Today staffers on Nov. 23
To: The newsroom staff
From: Ken Paulson and John Hillkirk
The current economic crisis has taken its toll on businesses nationwide, including USA TODAY. This will mean a cut in our 2009 budget, including the elimination of about 20 positions in early December.
We wish this wasn't necessary, but we're facing unprecedented economic challenges and we have to cut spending.
We'll have our regular monthly staff meeting Monday at 5 p.m. EST and will discuss this development and answer any questions you may have, but here are the basics: Those whose jobs are eliminated will receive severance consisting of 1 week of pay for each completed year of service, with a minimum of 2 weeks and a maximum of 26 weeks of severance.