Now USA Today will eliminate 20 positions next month, according to
Romenesko. These absolutely mad paper cuts keep stinging.
A memo sent Sunday evening says 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.
Talk about a lead parachute! This paltry compensation is a far cry from the usual package of one month's pay for every year as a staffer.