New York Times Offers Newsroom Buyouts

About 30 jobs will be eliminated, according to Jill Abramson

The New York Times is attempting to save costs by implementing another round of newsroom staff cuts. According to a memo sent by executive editor Jill Abramson this morning, the newspaper is looking for 30 buyouts among newsroom staff. Over the next few days, Abramson wrote, certain employees will be asked to accept voluntary severance packages. (Newspaper Guild members also have the option to apply for a buyout even if they’re not among those contacted by the NYT.) If the quota isn’t met through buyouts, Abramson will be “forced to go to layoffs,” she said.