WAN-IFRA

A publication of the World Editors Forum

Date

Thu - 24.05.2012


Further job cuts at the New York Times

Further job cuts at the New York Times

Despite cutting 100 jobs less that a month ago, the New York Times has announced a further 28 editorial employees from its New York Times News Service will lose their positions in 2010.

The editing of the news service will be moved to the Gainesville Sun, a Florida newspaper owned by the paper's parent, the New York Times Co. Reuters reports that the move is expected to see The Sun's 'less-costly', non-union staff take charge of the service, which re-edits articles from the Times' print edition and distrubutes them to the wire.

The Times also revealed that non-union employees would not longer receive contributions to their pensions at the end of the year. The company plans to instead contribute 3 percent of non-union employees' salaries each year to their 401K plans.

There has been no information as to how much the cutbacks are expected to save the paper, or how much that layoffs might cost.

The news comes only days after the both the Guardian and the Star Tribune announced they would similarly make massive cutbacks, with Guardian News & Media confirming it will layoff more than 100 of its current 1 700 editorial and commercial employees, and the Tribune making 30 positions redundant in its newsroom.

The 158 year old paper has suffered steep declines in advertising revenue and this combined with a general country-wide drop in circulation numbers has been forced to rethink costs.

Source : Reuters, paid Content


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Author

Jennifer Lush

Date

2009-11-13 12:23

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