Monday, 19 October 2009

Job cuts at the New York Times

Juan Antonio Giner analysis is spot on again

Here is a snippet of Bill Keller's memo to the staff of the New York Times

Let me cut to the chase: We have been told to reduce the newsroom by 100 positions between now and the end of the year.
We hope to accomplish this by offering voluntary buyouts. On Thursday, the Company will be sending buyout offers to everyone in the newsroom. Getting a buyout package does NOT mean we want you to leave. It is simply easier to send the envelopes to everyone. If you think a buyout may be right for you, you have up to 45 days to decide whether you will accept it or not.
As before, if we do not reach 100 positions through buyouts, we will be forced to go to layoffs. I hope that won’t happen, but it might.

Not so long ago, Keller said on further layoffs at the NYT, "The answer is no... No I do not see another round of newsroom staff reductions on the horizon."

Giner's statement on this: MORE CUTS, LESS CHANGE

Read his post @

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