Here's the severance package The Washington Post is offering laid-off staffers

"The newspaper, owned by billionaire Jeff Bezos, made sweeping cuts across the newsroom as part of a restructuring of its business. Journalists who cover sports, foreign affairs, books, or do audio reporting were particularly impacted. The company said in a statement that the changes were designed to "strengthen our footing and sharpen our focus on delivering the distinctive journalism that sets The Post apart.""

"Let-go workers will remain on payroll through April 10 (commonly referred to as garden leave). Each staff member can receive a minimum of 4 weeks of severance pay after April 10. Workers who have been at the Post for three years or more will receive an additional two weeks of severance for each of those years, capped at 45 weeks of pay."

"Post journalists aren't required to take the severance offer, and they could lose the package if they don't act professionally during the process, according to a memo sent to staff by human resources and viewed by Business Insider. The company also must negotiate separation terms with the newsroom's union, the Washington Post Guild. That means "the exact terms of the separation program" are not yet final, the memo said."

Hundreds of journalists at The Washington Post received layoff notices Wednesday as part of a major newsroom restructuring. The cuts affected desks across sports, foreign affairs, books, and audio reporting. The Post framed the changes as efforts to strengthen footing and sharpen focus on delivering its distinctive journalism. Human resources provided severance offers tied to tenure and placed let-go workers on payroll through April 10 as garden leave. Each staffer is eligible for at least four weeks of severance after April 10, with employees of three or more years receiving two additional weeks per year, capped at 45 weeks. Acceptance of the offer is optional and subject to professional conduct. Separation terms require negotiation with the Washington Post Guild and are not yet final.

Read at Business Insider