TVNewser Jobs PRNewser Jobs AgencySpy Jobs SocialTimes Jobs

Buyout Deadline Arrives for ‘Sports Illustrated’ Staff

Today marks the deadline of a different sort for Sports Illustrated writers and editors. As reported by The New York Post, they may volunteer for a buyout package.

Apparently Sports Illustrated group editor Terry McDonell informed staffers that involuntary layoffs will occur if enough people didn’t step up to the plate to volunteer. This is all the result of McDonell aiming to trim an estimated amount of $3 million from the budget.

An insider revealed to the newspaper, “The buyout package is the same package you’d get if you were fired.”

The newspaper also indicated a big reorganization will likely take place after the layoffs. It’s anticipated McDonell will disintegrate the distinction between print and digital staff so writers are more geared towards the sports they cover instead of the platform.

Mediabistro Course

Freelancing 101

Freelancing 101Starting December 1, learn how to manage a top-notch freelancing career! In this online boot camp, you’ll hear from freelancing experts on the best practices for a solid freelancing career, from the first steps of self-advertising and marketing, to building your schedule and managing clients. Register now!