RD Recap: Buyouts at the NYT; Hires at the Washington Post

The latest media hirings and firings.

The New York Times will offer buyouts to 1,100 staffers in an effort to trim the budget and refocus its efforts on the digital landscape. “These plans will no doubt lead to new initiatives and investments,” Times publisher Arthur Sulzberger Jr. and executive editor Dean Baquet wrote in a memo. “At the same time, we will also need to make tough decisions about what to stop doing. Wherever we can reduce costs without damaging the values, and value, of Times journalism, we will do so.”

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