This is the 'buyout deal' Gawker employees are quitting in droves to take
Jul 28, 2015, 23:47 IST
- Writers will be paid two months' salary along with benefits, Capital New York reports.
- The payments, wrote Gawker president Heather Dietrich in a memo to employees, are "contingent on signing a standard release."
- No stock is involved with the package. An anonymous source familiar with the offer tells Business Insider it's a "pure cash deal."