The Newspaper Guild, a union that represents approximately 400 employees of the global information provider Thomson Reuters, announced Friday that management is seeking "to eliminate five Guild positions from the recently condemned Reuters Next project by Nov. 29, almost half of the current New York-based online team," reports Joe Pompeo of Capital New York. Pompeo writes, "The affected employees will be offered voluntary buyouts equal to two weeks pay per year of service before involuntary layoffs are sought, according to the Guild. "It was unclear whether any additional non-Guild employees would be terminated, though an unconfirmed number of positions have already been eliminated, according to sources and published reports. Reuters declined to comment on the scope of the cuts.