The Associated Press said Monday that it would begin offering buyouts and lay off selected employees, part of a plan to reduce the news outlet's staff by about 8% and accelerate a transition to a digital-first organization.
The move is part of what is expected to be a dispiriting end-of-year period in the news industry, which is beset by business woes that go back years. The end of a busy presidential-election cycle was also expected to accelerate reorganization plans.
