Yep, The New York Times Is Offering Buyouts

The New York Times is hoping to get “fewer than 20” print newsroom staffers to take a buyout, but if the paper doesn’t get enough volunteers, it won’t resort to layoffs, Brian Stelter on the Times’ Media Decoder blog reports. Primarily digital newsroom employees are not eligible, because the Times would prefer to keep them around, Stelter says.

On the business side, the paper plans to eliminate vacant positions and offer a very small number of buyouts.

This is the first time since 2009 that “significant” staff reductions have taken place at the company, and they’re far less significant than the 100 staffers who were eliminated through a combination of buyouts and layoffs in October 2009.

The Times reports its third-quarter earnings in exactly one week.