New York Times cuts jobs, shrinks page size

Posted by John Burke on July 18, 2006 at 2:08 PM

A day before releasing its quarterly results, the New York Times announced that it will be cutting 250 jobs and cropping the width of its page size by an inch and a half. The cuts will include the subletting of a printing plant and the consolidation of others. To make up for a loss of news space which would have been 11%, the paper will add more pages to make up for 6% of that loss.

Other papers such as USA Today, The Washington Post and The Los Angeles Times have already shrunk their page sizes while the Wall Street Journal has plans to do the same.

NYT executive editor Bill Keller said of the changes, "“It’s painful to watch an industry retrench. But this is a much less painful way to go about assuring our economic survival than cutting staff or closing foreign bureaus or retrenching our investigative reporting or diluting the Washington bureau.”

Source: The New York Times

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