Today is the deadline for voluntary buyouts at the NY Times, and reportedly, two business reporters and published authors will accept.
The first was Alex Berenson, a reporter who has covered everything from the war in Iraq to disaster in New Orleans. He is also the author of three spy novels, including “The Silent Man.” His next book is “The Midnight House,” a novel arriving in stores in early February. The second journalist and author to accept a buyout is Louis Uchitelle (pictured, via). In 2006, he published “The Disposable American: Layoffs and Their Consequences” with Random House. He has reported for the NY Times since 1980.
Here’s more from Business Insider: “With just a handful of employees taking the buyout, it appears that the Times will fall far short of its goal of buying out 100 employees. As Bill Keller noted, the Times will then be forced to begin layoffs. In a memo to employees, Keller said that layoffs could begin as early as next week.”