Pub to layoff 8% of news room by year's end

NEW YORK (AP) — The New York Times will cut the size of its news staff by 8 percent by the end of the year.

It will offer voluntary buyouts at first but resort to layoffs if it cannot meet the target of 100 positions, according to a memo Executive Editor Bill Keller sent to staff on Monday.

The Times, flagship of The New York Times Co., trimmed 100 jobs last year and has cut another 100 from the newspaper’s business operations. But it still maintains one of the largest news operations in the country.

Both union and nonunion workers took a 5 percent pay cut earlier this year as the newspaper tried to avoid cutting more jobs.

“I won’t pretend that these staff cuts will not add to the burdens of journalists whose responsibilities have grown faster than their compensation,” Keller wrote.

He said the newspaper is looking to reorganize the newsroom flow to minimize the impact of the latest cuts.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0