McGraw Hill Said to Accept 80 Buyouts From S&P Employees
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McGraw Hill Financial Inc. has accepted about 80 volunteer buyouts from employees in its Standard & Poor’s ratings unit, according to a person familiar with the matter.
The division was seeking to shrink its U.S. staff by about 100 after offering severance packages to employees with business titles of director and above in July. It hasn’t been determined if the unit of New York-based McGraw Hill will pursue further reductions, said the person, who asked not to be identified because the matter is private.