'NYT' To Axe 12 Newsroom Jobs Now, Management Cuts Next Year (Dinosaur Media DeathWatch™)

Editor & Publisher ^ | November 28 2007 | E&P Staff

[Milhous]

NEW YORK Bill Keller, executive editor of The New York Times, in a memo to staff today announced "that there are going to be layoffs in the newsroom, for the first time in recent memory." He added that a "hiring freeze" will continue, with open positions filled internally, and next year "we also expect to eliminate a few management jobs in administrative areas."

For now, a dozen "support" workers will be getting the axe, but Keller said the paper has still been able "to avoid the kind of drastic staff cutbacks other news organizations have endured."

Keller noted, "As we approach 2008, it is clear that the newsroom is going to have to do even more to tighten spending, and to help the publisher and the Times Company meet the difficult financial challenges facing our industry. While we are committed to retaining our competitive muscle, we will be facing some tough choices about where to save....

"Today we notified the Newspaper Guild that about a dozen support positions within the newspaper are being eliminated. We will, for example, be closing the Recording Room as well as trimming a number of clerical and secretarial jobs. The people in those jobs will receive the severance they are entitled under the Guild contract....

"As we move into 2008, we will be rethinking coverage priorities and how we use our space and our people, but always in ways that preserve what The Times does best. In the future, as in the past few months while these matters were under review, we have worked closely with our partners on the business side, with a single shared ambition: to seek cutbacks and reductions that are as strategically focused as possible, and do nothing to damage our core journalism."

[Milhous]

I am becoming increasingly convinced that the wealthy, powerful, and somewhat archaic media conglomerates that have controlled the messaging to America for so long are beginning to crumble. As they begin to deteriorate under the weight of a more democratic media system, opportunities to infiltrate the pervasive and corrupt lies and spread truth in love are becoming abundant. As America continues to grow fatigued and sluggish from decades of the mainstream media's preaching of godlessness, bright lights are beginning to shine in the most unlikely media places. And like any small light in a pitch black room, the effect will be unmistakable. - Brian Fisher, Coral Ridge Ministries

[Milhous]

ping

[Badeye]

Christman comes early to us Conservatives.

[pikachu]

Where is that tiny violin ??

[Crawdad]

http://finance.yahoo.com/q/h?s=NYT

Check out yesterdays headlines. Even Pinch is selling.

[dblshot]

If you get axed by the NYT do they give you a free subscription to help wanted ads?

[Parley Baer]

“we will be facing some tough choices”

Like telling the truth. Hahaha.

[Milhous]

http://finance.yahoo.com/q/h?s=NYT

Check out yesterdays headlines. Even Pinch is selling.

Thanks for reminding me to post this tidbit too:

New York Times (NYT) Gets Another SELL, $14 Target

Henry Blodget | November 28, 2007 7:13 AM

This time it's Bank of America who delivers the ultimate insult. The firm is concerned that NYT is overly dependent on luxury advertising and financial-sector advertising, both of which are vulnerable to a recession.

Recession is certainly a concern, but it's not the biggest problem (that would be the transition to an online model). 24/7 Wall St piles on and calls for the ouster of Mr. Sulzberger.

Related:
Merrill Cuts NYT et al to SELL
OMG! NYT Has Solid Q3
NYT: The Picture Worth a Thousand Words

[TC Rider]

..cue the kid from the Simpsons!

[taxed2death]

Nothing is funnier than watching a company eat itself.

Typically they cut people that actually PRODUCE (good something or bad something)...until “management” is just wandering around like a bunch of zombies with no one to manage.

[TC Rider]

[Slapshot68]

Bush get blamed yet?

[Brad from Tennessee]

[Bill Keller: “. . .there are going to be layoffs in the newsroom, for the first time in recent memory.”]

From Sept. 21, 2005

NEW YORK: The New York Times Co. has announced that it will cut its work force by 500 employees, including 45 in The New York Times newsroom and 35 in the newsroom of The Boston Globe.
http://www.iht.com/articles/2005/09/21/business/times.php

[Milhous]

New York Times feels the pinch

What a witty headline! give that editor a raise!

[Red Badger]

Eat flesh!...... Must eat flesh.......

[Milhous]

Thanks for illustrating Bill Keller’s simplemindedness. As we all know socialism’s inability to remember the past dooms it to keep repeating the same mistakes.

[mdmathis6]

If they want to save their paper they have to start reporting the truth objectively and quit spinning the news.

Save the editorials for the editorial section.

Tell the truth...that’s all they need to do! And their circulations will rise!

[NonValueAdded]

The NYT does news? Who knew?

[Brad from Tennessee]

Keller, Sulzberger and the rest of the crew live in a fishbowl. They still believe that they are the “newspaper of record.” They are in denial of reality—mainly that anybody can fact-check anything in the Times on the internet in seconds.

[magslinger]

Maybe they are hiring here.

[griswold3]

“All the news that fits, we print”

[y6162]

When will the NYT figure out that it’s Pinch and the Op Ed staff that are killing them?

Rich, Dowd, Herbert and Krugman. Oh my!

[Leftism is Mentally Deranged]

It’s an opportunity for normal people. We can start our own fair media that will do what the big biased media won’t do.

[Gorzaloon]

NEW YORK: The New York Times Co. has announced that it will cut its work force by 500 employees, including 45 in The New York Times newsroom and 35 in the newsroom of The Boston Globe.

If they insist on not doing "News", what difference does it make?

The Editorial Staff is probably untouched, as that is where all their news is made anyway.

Die Scum. I dream of peeing in their begging bowl.

[RJL]

'NYT' To Axe 12 Newsroom Jobs Now, Management Cuts Next Year

How compassionate and considerate, the Sulzberger's, multi-millionaires all, putting the screws to the little people.

[rod1]

Guess things are really starting to PINCH.

[Brad from Tennessee]

The Times Company will figure out what their problem is when their creditors padlock the front door. Less than a year ago the company sold off its nine network-affiliated TV stations for $575 million. The company said it wanted to invest that money on its “core newspapers”—New York Times and Boston Globe—and on the Internet.

[Mr. Lucky]

...and think of those widows and orphans who own the stock (which hit yet another annual low today).

[wally_bert]

It seems that management types often take the least, if little damage during cutbacks.

The Public TV Network I worked for had a fairly massive round of layoffs a few years back. I dare say if my memory serves me, out of the hundred or so cut, there might have been 4 management types. Two of them were just low level supervisors. The vast majority of the idiots running things got along just fine.

[Doctor Raoul]

That's great, Pinch sells his shares before the bad news.

NYT = Enron of journalism.

[Lancer_N3502A]

Something tells me that when they finally lock the doors at the NY Slime they will still be wondering what went wrong.

[Grampa Dave]

When will the NY Slimes slide below $10/share?

[BOBTHENAILER]

When will the NY Slimes slide below $10/share?

That should be as anticipated as $100 crude was. Daily countdowns on all the BizNews channels.