Longtime Minneapolis biz writer plans to take buyout

David Brauer of the Minnesota Post reports that Minneapolis Star-Tribune business writer Mike Meyers plans to take the paper’s buyout offer and leave.

Brauer writes, “A former national economics reporter for the Strib back when the paper had national correspondents, the 59-year-old Meyers says leaving now makes sense because the Strib won’t cover retiree health insurance for anyone who leaves after March.

“If management accepts his request — and they have the right to refuse anyone — Meyers will be out the door with 40 weeks pay on Friday. He says he plans to keep writing, but not until he spends two weeks in Cancun.

“Meyers’ request would fill one of ‘up to two’ buyout slots management designated for reporters and editorial writers three weeks ago; they are seeking up to 25 buyouts total as part of a $30 million budget reduction.”

Read more here. Meyers covers banks and insurance companies, issues in the financial system and aspects of the Minnesota economy.