The New York Times today said it was cutting 100 newsroom jobs, as the struggling newspaper continues to make cuts in the face of a declining advertising market.
The round of cuts marks the second time this year that the Times has slashed jobs. In March, the company eliminated 100 positions and imposed a 5 percent pay cut that lasts through the end of the year.
According to a memo distributed to employees by Executive Editor Bill Keller, the company hopes to make all the cuts through voluntary buyouts, though he didn’t rule out involuntary cuts if too few people step up.
Monday, October 19, 2009
Antique Media Relic Cuts Another 100 Jobs
Can't say I'm shedding too many tears over the loss of these jobs. Considering the Times has 1300 reporters yet they're so incompetent they can't even cover stories such as Van Jones, it seems they have a lot of excess baggage to trim. If they were smart they'd work from the top down and lop off Bill Keller and Jill Abramson for starters before getting to the really dead weight on their hapless editorial page.
Labels:
Bill Keller,
New York Times
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