New York Times Buyout Deadline Hours Away, Joe Sexton Leaves [Update]
The next few days are going to be rough at the New York Times. Not only is the deadline for editors to accept buyouts today at 5 pm, Jill Abramson said in a memo that staffers will have to wait “a day or two after that” to know if there are going to be layoffs.
“If you think the buyout is something that works for you at this time in your life, we urge you to give the offer serious consideration if you haven’t already,” wrote Abramson, in the note obtained by Jim Romenesko.
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