'New York Times' Offers Buyout to Newsroom Staffers
Paper says cuts will be voluntary
In a move that could serve as a sign of hard times to come for the industry as a whole, The New York Times plans to eliminate 20 newsroom jobs.
On Thursday, an email memo was sent to the newsroom staff announcing “a limited buyout opportunity to newsroom volunteers.” The memo emphasized that this does not mean the company will be handing out pink slips. “The offering to the newsroom is . . . wholly voluntary," it said.
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