National Post‘s Whole Newsroom Offered Buyouts, But Rumours of Their Demise…

By David Topping

…well, you know.

4:04 PM: If J-Source is to be believed, everyone in the Postmedia-owned National Post newsroom has “been offered buyouts,” has “until Friday to accept,” and has “no guarantee [they] will receive one” even if they do apply. Know more? Email [email protected].
4:42 PM: According to a source who works in the National Post‘s newsroom, yes, J-Source’s report of buyout offers is correct, but no, it’s really not a big deal.
“We’re all doing a bunch of eyerolling,” the person told Torontoist, about the rumours that this spelled the Post‘s end. “It’s almost amusing to see” the reaction to the news on places like Twitter, they added. In fact, the email offering a buyout went out to staff on Friday—and others like it have gone out in the recent past, since voluntary buyouts, if they’re offered, have to be offered to everyone. “It’s just a way of trimming the fat,” our source explained; the buyout offers are “designed for people who don’t want to stay anyway.”
“We cannot get away from the rumours that our demise is imminent,” they said. “We’re all really excited about the future.”
8:06 PM: The Globe and Mail has more details about the buyouts, which top out at $125,000. Paul Godfrey, Postmedia’s CEO, told the Globe that the Post is simply “going through the same process the other ten major newspapers are doing.”
J-Source, meanwhile, has since updated their original article.