‘New York Times Offers Buyouts For Third Time In Four Years’

Julie Moos reports on the New York Times:

https://i0.wp.com/static5.businessinsider.com/image/4c17b50f7f8b9a0a610e0000-400-300/new-york-times-burning.jpg

The New York Times has announced it will be offering voluntary buyouts to employees in hopes fewer than 20 people will take the deal. Executive Editor Jill Abramson said there would not be newsroom layoffs. The paper also expects to make reductions in business-side staff, through buyouts and by eliminating some vacant positions. Digital employees — including the website staff — are excluded from the buyout option. The memo reads:

Continue reading:

http://www.poynter.org/latest-news/romenesko/149451/new-york-times-offers-buyouts-for-second-time-in-three-years/

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