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NYT to cut 100 news jobs

Just one day after the Tribune announced significant job reductions, the NYT also raises the ax. The New York paper is eliminating 100 newsroom jobs this year.

Richard Perez-Peña reports in the NYT that the paper is bowing “to growing financial strain” after “years of resisting the newsroom cuts that have hit most of the industry.”

According to Executive Editor Bill Keller: “The cuts will be achieved primarily through attrition and buyouts, but layoffs are a real possibility.”

The paper currently has 1,332 newsroom staffers.

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