As its brass had hinted, the New York Times is planning a 2008 redesign which will shrink the size of its paper [see left mock-up, actual size] and its production workforce.
The New York Times is planning to reduce the size of the newspaper, making it narrower by one and a half inches, and to close its printing operation in Edison, N.J., company officials said yesterday.
The changes, to go into effect in April 2008, will be accompanied by a phased-in redesign of the paper and will mean the loss of 250 production-related jobs.
The Times, which made the announcement last night on the eve of its quarterly earnings report, said it would sublet its plant in Edison and consolidate its regional printing facilities at its newer plant in College Point, in Queens.
That consolidation will mean the loss of about a third of the total production work force of 800.
The changes will save $42 million a year, according to the company. Executive editor Bill Keller: “It’s painful to watch an industry retrench. But this is a much less painful way to go about assuring our economic survival than cutting staff or closing foreign bureaus or retrenching our investigative reporting or diluting the Washington bureau.”