Posts tagged buyouts
Daily Herald editorial staff announces unionization effort
August 25, 2026 // The paper has covered suburban Chicago since 1872, and was independently owned and run by the Paddock family for four generations. In 2018, the Paddock family members sold its portions of the company to its employees and set up an employee stock ownership plan. But for the last several months, even prior to the acquisition, the guild had been in the process of unionizing, Schmit said.
Novi school board OKs some teacher buyouts amid budget pressures
August 17, 2026 // The Novi Community Schools board of trustees on Thursday unanimously approved a plan to offer buyouts to teachers in the union’s highest three pay grades as the district faces mounting financial pressures.
Potas: Trump cut federal employees — and the system didn’t break
April 14, 2026 // The federal workforce is smaller than at any point since the 1960s, the result of a deliberate effort by the Trump administration. Critics have asked how many employees the federal government can lose before it breaks. So far, the answer appears to be more than a 10% reduction. Most of the cuts were in white-collar roles: administrative, accounting and human resources.