FishbowlNY - Turning the Page For New York Media

Times Cutting Pension Contributions, More Staff

nyt logo.jpgThere was more bad news for New York Times staffers this week. The paper, which is already planning to cut 100 newsroom jobs by the end of the year, told nonunion staffers this week that it would stop paying into their pension plans at the end of the year, instead choosing to contribute 3 percent of their salaries to 401(k) plans.

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


New from mediabistro.com

20 Tips in 20 Minutes
mediabistro.com's PR Speaking Series: Online & In Person

The phone rings. It's CNBC. They want your CEO in the studio and on air. In three hours. Oh, and your CEO has never done a broadcast interview. What do you do? Find out at our new monthly breakfast speaking series for PR and marketing professionals, "20 Tips in 20 Minutes." Our next topic is "Media Training: How to Prep Your Company, Client, and Yourself for Interviews," with Garrett Glaser, former CNBC and MSNBC.com reporter and founder of Glaser Media LLC at 9am on Thursday, February 18. Join us for breakfast or watch the live webcast from your desk. Click here to sign up and view the full schedule of topics.

Email This Post

Fill out the following information and click on the Send button in order to send this post, <i>Times</i> Cutting Pension Contributions, More Staff, to a friend.
Friend's name
Friend's email address
Your name
Your email address
Note to your friend (optional, max 200 Characters)

Read more on FishbowlNY >

Turning the Page For New York Media

FishbowlNY in Your Inbox
Our Blog Network

BayNewser

WebNewser

TVNewser

PRNewser

MediaJobsDaily

GalleyCat

eBookNewser

UnBeige

MobileContentToday

AgencySpy

FishbowlDC

FishbowlLA

FishbowlNY

FishbowlNY Staff
Editor:
Amanda Ernst

Contributing Editor:
Drew Grant

Columnist:
Diane Clehane

About FishbowlNY
Follow FishbowlNY
Email FishbowlNY

Topics

About

About Us - Modules

Acquisitions

Advertising

Alternative Weeklies

AMC 2006

AMC 2007

AMC 2008

Awards

Beijing Olympics

Books

Bottom Feeding

Breaking News

Circulation

Daily Angle

Dissecting NPR

DNC '08

Election '08

Ellies '08

Fashion Week

Fishbowl Initiatives

FishbowlNY Poll

Inauguration '08

International

Keith Kelly Distilled

Legal Trouble

Lunch

Magazines

Markets & Media

Media Beat

Media Companies

Media Events

Media Lookbook

Media Minutiae

Media People

Mediabistro Circus

Memopad Distilled

Menu

Movies

New Media

News

Newspapers

NYT in 90 Seconds

Obituaries

Parties

Pop Culture

Radio

Revolving Door

RNC '08

Scandals

Scholarly Pursuits

Strike Watch

SXSWi '08

The Crystal Ball

The Internet Presidency

The State of Journalism

Time 100

Trends

TV

Video

Archives

February 2010

January 2010

December 2009

November 2009

more...

Links

AdAge

Beet.tv

BusinessWeek | Fine on Media

Buzz Machine/Jarvis

The Colbert Report

The Corsair

Daily Show

Editor & Publisher

Ed2010

Folio:

Gawker

Gothamist

Guardian America | Media

HuffPo

IWantMedia

Marketwatch | Friedman

Mediaite

Mediapost

Media Wire Daily

NY Daily News

NY Mag | Daily Intelligencer

NY Observer | The Media Mob

NY Post | Keith Kelly

NYT | Media Decoder

The Onion

Paid Content

Poynter | Romenesko

Silicon Alley Insider

Slate | Jack Shafer

Wall Street Journal

WaPo | Media Notes

James Wolcott

WWD | Memo Pad

Job Listings

Featured Listings

Editorial Intern
Investmentwires
New York, NY

Associate Automotive Editor, Popular Mechanics
Hearst Magazines
New York, NY

Director of Publisher Development
TRAFFIQ.com
New York, NY

Managing Editor - Digital Media
The Journal of Commerce - UBM Global Trade
Newark, NJ

Upcoming


Nonfiction Book Writing
February 8
New York

HTML Fundamentals
February 20
New York

From Essay to Memoir
February 22
New York


ADVERTISEMENT


mediabistro.com l Member Benefits l Jobs l Freelance Marketplace l Courses l Events l Forums l Content
mediabistro Blogs: Media News l TVNewser l GalleyCat l UnBeige l FishbowlNY l FishbowlLA l FishbowlDC l PRNewser l AgencySpy
MobileContentToday l WebNewser l BayNewser l eBookNewser l MediaJobsDaily l mbToolbox
Site Map l Advertising/Sponsorships l Partners l About Us l Contact Us/Help

WebMediaBrands
mediabistro learnnetwork freelanceconnect SemanticWeb
Jobs | Events | News
Copyright 2010 WebMediaBrands Inc. All rights reserved.
Advertise | Terms of Use | Privacy Policy