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Feb 14, 2008

The New York Times to cut 100 newsroom jobs

The New York Times executive editor Bill Keller announced today that the newspaper will eliminate about 100 newsroom jobs.
The story from The Times says cuts will be achieved by not filling jobs that go vacant, by offering buyouts, and if necessary by layoffs. Keller said the more people who accept buyouts, the smaller the prospect of layoffs. The Times has about 1,332 staffers in its newsroom.
The decision to cut staff stems from the same turmoil other newspapers have faced recently, most notable falling advertising revenue.
Even so, eliminating jobs has grown harder “because the low-hanging fruit is gone, and so is some of the higher-hanging fruit,” Mr. Keller said in The Times story. And he suggested that the cuts could not help but affect the newspaper’s journalism.
For the full story click here.

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