Black Tuesday

Coming just hours after the Philadelphia Inquirer and the Daily News announced massive cuts, the New York Times Company has announced that it will cut 500 positions, including 160 (35 in the newsroom) at the group that runs the Boston Globe and 45 NYT newsroom jobs.

“The Company plans to manage the staff reductions in such a way that we continue to provide our readers, users, listeners and viewers with journalism of the highest quality and that our operations function smoothly on a day-to-day basis.

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