Breaking: NYT Newsroom Memo: 100 Laid Off on Business Side

Here’s the follow-up memo that just went out to the newsroom. It further details how the salary reductions will work and announces that 100 people have been laid off on the business side.

Dear Colleagues,

In a note just distributed, Arthur and Janet informed us that the company, regrettably, must take even more aggressive steps to control our costs. Clearly, our course is not getting any easier. The recession, especially the deteriorating advertising climate, is exacting a bitter toll, despite all that we have already done to reduce spending.

AW+

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