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.
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