200 buyouts offered at Raleigh paper

The News & Observer of Raleigh is offering voluntary buyouts to 200 of its 900 employees. The last day on the job for those who accept the offer is May 23.

According to a story that ran in its own paper, Publisher Orage Quarles III said he expects a small percentage of employees to accept a buyout.

Only full-time employees working in positions that could be eliminated using technology, efficiencies or consolidation of jobs are deemed eligible for the buyout offers. It’s expected only 3 to 5 jobs will be cut in the newsroom.

The News & Observer is a McClatchy paper.