New York Times looks to cut 30 jobs, offers buyouts - 13 WTHR Indianapolis

New York Times looks to cut 30 jobs, offers buyouts

Posted: Updated:
NEW YORK -

The New York Times is looking to cut costs and is offering buyouts to some of its staffers.

The newspaper reports that the company is looking for 30 managers who aren't in the union to take the buyouts.

Jill Abramson, executive editor of The Times, says in a letter to staff that the newsroom had grown back to the size it was in 2003 with 1,150 people and had to be cut.

The date to decide whether to take a severance package is Jan. 24.

Abramson says layoffs would be necessary if enough savings weren't reached through voluntary buyouts.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Powered by WorldNow
Links to the FCC website to view WTHR and/or WALV’s on-line public inspection files:
WTHR: https://stations.fcc.gov/station-profile/WTHR   ||   WALV: https://stations.fcc.gov/station-profile/WALV
Individuals with disabilities may contact Jill Pursell at publicfile@wthr.com, or 317.655.5602, for assistance with access to the public inspection files.
Powered by WorldNowAll content © Copyright 2000 - 2013 WorldNow and WTHR. For more information on this site, please read our Privacy Policy and Terms of Service.