A Romenesko reader writes: “I am not eligible for the early retirement buyout, but several of my colleagues are. They feel like they are now being pressured to take it, even though it’s supposed to be completely voluntary.
“They also see this line as a veiled threat: ‘If we don’t achieve our goals, we will need to re-evaluate where we stand and we can’t rule out implementing other actions in the future.’”
From: Harmon, David
Sent: Friday, October 02, 2015 11:11 AM
Subject: Voluntary early retirement program follow up
Good afternoon –
About a month ago, you were presented with the opportunity to take advantage of a voluntary early retirement program.
I wanted to remind you that the deadline to accept this offering is by 11:30 PM (EST), Monday, October 12, 2015. We thank those of you who have considered this offering and turned in your acceptance early.
We hope that those of you who have not accepted are giving careful consideration to this offering.
In addition to being a benefit for those who want to retire, our early retirement program will help us reduce costs in the long term and provide savings. If we don’t achieve our goals, we will need to re-evaluate where we stand and we can’t rule out implementing other actions in the future.
As mentioned earlier – the program is completely voluntary. We will finalize acceptances after the 45-day consideration period has closed, which is Oct. 12, 2015.
Chief People Officer
Earlier on JimRomenesko.com:
* Gannett offers earlier retirement packages to staffers 55 and over
* David Harmon is named Gannett Chief People Officer