New York Times Buyout Deadline Hours Away, Joe Sexton Leaves [Update]

Chris O'Shea — Thu, 24 Jan 2013 09:48:01 +0000

The next few days are going to be rough at the New York Times. Not only is the deadline for editors to accept buyouts today at 5 pm, Jill Abramson said in a memo that staffers will have to wait “a day or two after that” to know if there are going to be layoffs.

“If you think the buyout is something that works for you at this time in your life, we urge you to give the offer serious consideration if you haven’t already,” wrote Abramson, in the note obtained by Jim Romenesko. “Each buyout we record reduces the possibility of layoffs.” No pressure though!

In the meantime, two editors have decided to join the others who have accepted the Times’ offer.

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Joyce Wadler Accepts New York Times Buyout

Chris O'Shea — Mon, 14 Jan 2013 14:00:05 +0000

Joyce Wadler is the latest big name to take the buyout package being offered by the New York Times. The New York Observer reports that Wadler’s decision was announced in an internal memo today. Wadler, who has been with the Times for many years, plans to pursue humor writing.

Wadler joins Jonathan Landman and Jacques Steinberg, both of whom took the buyout offer that Jill Abramson was “begging and pleading” some of the Times’ top editors to accept.

The deadline for editors to make their decisions (or else) is January 24.

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Joyce Wadler - FishbowlNY

New York Times Buyout Deadline Hours Away, Joe Sexton Leaves [Update]

Joyce Wadler Accepts New York Times Buyout