Wednesday, October 1, 2014

New York Times plans cutbacks in newsroom staff

The New York Times plans to eliminate about 100 newsroom jobs, as well as a smaller number of positions from its editorial and business operations, offering buyouts and resorting to layoffs if enough people do not leave voluntarily, the newspaper announced on Wednesday.
Arthur Sulzberger Jr., the newspaper’s publisher, and Mark Thompson, its chief executive, said that in addition to the job cuts, NYT Opinion, a new mobile app dedicated to opinion content, was shutting down because it was not attracting enough subscribers.
The reductions, they said, were intended to safeguard the newspaper’s long-term profitability.

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