The New York Times is attempting to save costs by implementing another round of newsroom staff cuts. According to a memo sent by executive editor Jill Abramson this morning, the newspaper is looking for 30 buyouts among newsroom staff. Over the next few days, Abramson wrote, certain employees will be asked to accept voluntary severance packages. (Newspaper Guild members also have the option to apply for a buyout even if they’re not among those contacted by the NYT.) If the quota isn’t met through buyouts, Abramson will be “forced to go to layoffs,” she said.
“Over the past several years, our colleagues on the business side have seen their numbers reduced by more than 60 percent,” wrote Abramson. “While we have had reductions too, including a round of buyouts and layoffs that claimed 100 jobs in 2008, the newsroom has been spared the worst of it.” (continue reading)
I start at the New York Times in Jan. I’ll cover local news for a few months, then head to Miami to help with FL and Caribbean coverage.
— Frances Robles (@FrancesRobles) December 4, 2012