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Times Cutting Pension Contributions, More Staff
What's more, the Times' News Service, which edits Times stories for the wire, announced that it plans to lay off at least 25 employees next year as it moves the service to the Florida paper owned by The New York Times Co., The Gainesville Sun. The staff at the Sun are unionized and their salaries are cheaper, the Times reported, making it cheaper to run the service out of the Florida paper's offices. The News Service layoffs were not included in the 100 staffers to be cut by year's end, who will be made up in part by voluntary buyouts. The Times management offered buyouts to its staff last month and said that if they did not get enough they would turn to layoffs. The buyout deadline is fast approaching, so we'll keep you posted as the story develops in the next few weeks. New York Times News Service to Cut Jobs and Relocate --New York Times Earlier: Memo: Times To Layoff 100 Newsroom Staffers Email This Post |
Turning the Page For New York Media
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