The recently announced retirement of six longtime journalists from KSAT's news team is likely the result of buyouts offered by the San Antonio TV station's parent company, the Express-News reports.
of six longtime journalists from KSAT 's news team is likely the result of buyouts offered by the San Antonio TV station's parent company,
Businesses typically offer buyouts, or incentive packages put together to encourage early retirements, as a cost-cutting move. Workers who take buyouts tend to be longer tenured and therefore pull higher salaries. Together, the six staffers had at least 179 years of TV experience, according to station officials, and all had been at KSAT for at least 25 years. They're expected to end their time at the station in June and July.
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