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NYT to cut staff by 100

October 20, 2009 by Veronica Villafañe

The New York Times plans to cut 100 newsroom jobs by the end of the year. It will be offering buyouts and will resort to layoffs if the company doesn’t get enough people to leave voluntarily. The entire newsroom will get buyout packages and will have 45 days to decide whether or not to apply.

The paper has been making cuts in other non-newsroom departments, but according to a story in the Times, the drop in ad revenue “has forced cuts in the news operation as well.” Budgets for freelancers have been reduced and employees took a 5% pay cut for most of 2009.

The current headcount at the Times is 1,250 – larger than any other U.S. newspaper.

Filed Under: People

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Veronica Villafañe, Editor & Publisher

Emmy award-winning journalist and former president of the National Association of Hispanic Journalists (NAHJ). Currently a reporter for Voice of America, she has worked as an on-air reporter, anchor, writer and producer for Spanish and English-language TV, print and online media, including Univision, Telemundo, Fox 11 News in L.A. and the San Jose Mercury News.

Hispanic media and entertainment contributor to Forbes.

Full bio here
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