New York Times Deadline for 100 Buyouts Nears

A 5 p.m. deadline bore down on New York Times employees considering whether to accept buyout packages, a bid for the newspaper publisher to trim costs.The company has said there will be forced cuts if 100 jobs can't be eliminated through voluntary buyouts.Like many newspapers, the Times is trying transform itself into a digital newsroom as more readers get their news from the internet and as print circulation and advertising decline. The publisher said in a regulatory filing in October that the staff cuts "are necessary to control our costs and to allow us to continue to invest in the digital future of The New York Times." Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2014-12-02 00:00:00 UTC ]
News tagged with: #forced cuts #voluntary buyouts #print circulation #regulatory filing #staff cuts #digital future

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Salesforce, TIME and Fortune Media are among this year’s Digiday Media Awards winners

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Molly Baz’s Pregnant Body Is Too Risque for Times Square

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London and New York: Ken Follett Moves to Hachette

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[ Publishing Perspectives | 2024-05-13 17:32:44 UTC ]
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Mary Beth Thomas Out as HarperCollins Offers Sales Buyouts

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Paul Auster, postmodern author behind 'The New York Trilogy' and 'Smoke,' dies at 77

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Paul Auster, American author of The New York Trilogy, dies aged 77

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OpenAI will train its AI models on the Financial Times' journalism

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[ Publishing Perspectives | 2024-03-20 12:50:02 UTC ]
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