Job Cuts at New York Times

According to an article from Editor and Publisher, executive editor of the New York Times, Bill Keller, sent an internal staff memo describing plans to layoff 12 current newsroom employees as well as outlining the intentions of future management position “eliminations.”

“As we move into 2008, we will be rethinking coverage priorities and how we use our space and our people, but always in ways that preserve what The Times does best. In the future, as in the past few months while these matters were under review, we have worked closely with our partners on the business side, with a single shared ambition: to seek cutbacks and reductions that are as strategically focused as possible, and do nothing to damage our core journalism.”

This announcement shows that no publication is stable enough to survive the transition from print to web completely intact.

Related Articles:

Banc of America Sees Luxury Ads Dwindling — Downgrades NYT Co.
Flashback 2005: More Layoffs at New York Times

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