KVUE offering buyouts to selected employees

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KVUE_2013_LogoTV stations nationwide owned by McLean, Va.-based Tegna, including Austin’s KVUE, are offering early retirement packages to selected employees, the company confirmed Friday.

The buyouts are being offered to workers ages 55 and up with at least 15 years of service, according to published reports.

“In order to accelerate change and reinvest resources in new job positions, KVUE is offering eligible employees a voluntary retirement plan,” KVUE said in a written statement. “KVUE is a leader in the Austin community and this reinvestment will position us for even greater success as we continue to evolve to meet the changing needs of our consumers and advertisers.”

Aside from Austin, Tegna operates stations in a number of other Texas cities, including Abilene, Beaumont, College Station, Corpus Christi, Dallas, Houston, San Antonio, Tyler and Waco.

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