NY Times' Sulzberger: Cuts are 'Painful'

During a talk at NYU, Arthur Sulzberger Jr. — the New York Times’ publisher — told the audience that the layoffs and buyouts currently making their way through the paper are “painful.”

Early last month, the Times announced it would be reducing its newsroom by 100, via either buyouts or layoffs. In a note explaining the plan, Sulzberger and CEO Mark Thompson stated, “We know that they will be painful both for the individuals affected and for their colleagues.”

As Capital New York reports, Sulzberger went back to that “painful” description again during his NYU talk. “We

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