Posted on 10/01/2014 3:57:49 PM PDT by DeaconBenjamin
The New York Times has announced plans to cut 100 newsroom jobs and close down a high-profile opinion app that has failed to attract readers in the three months since its launch.
Arthur Sulzberger Jr, the newspaper’s publisher, and Mark Thompson, its chief executive, said: “The job losses are necessary to control our costs and to allow us to continue to invest in the digital future of the New York Times, but we know that they will be painful for the individuals affected and for their colleagues.”
The news organisation will also cut a smaller number of jobs in its editorial and business operations, offering buyouts and moving to layoffs if it cannot get enough people to leave voluntarily.
The 100 positions comprise about 7.5% of the newsroom staff. The pair said they would “sunset” NYT Opinion, a standalone subscription app launched in June that offered readers access to op-eds, blogs and editorials on the Times website for $6 a month. Sulzberger and Thompson said “it hasn’t attracted the kind of new audience it would need to be truly scalable”.
“NYT Now is a terrific app and has struck a chord with younger users, many of them entirely new to the Times. However, our effort to define and market a lower-priced subscription offer on the web and core apps has proven much less successful.”
Dean Baquet, the Times’s executive editor, sent a separate note to the newsroom staff. “I will use this as an opportunity to seriously reconsider some of what we do – from the number of sections we produce to the amount we spend on freelance content,” he said.
(Excerpt) Read more at theguardian.com ...
http://www.youtube.com/watch?v=yhQql-ZbZmg
Yeah, another one of those “Who really cares?” stories.
To The Soon To Be Unemployed Times Employees’s.
Welcome To The Obama Economy.
Bwahahahahahahahahahahaaaaaaaaaaaaaaaaa!
And they were opinion writers no less! How will the world ever survive with fewer liberal opinion writers?
That’s a riot! Thanks!
This just in..”White House Hires 100 new propaganda writers. Obama lauds government created jobs.”
Where’s my hankie?
Hey,Punchie,one word-AP!
Yer welcome. I liked it too.
Notice Senor Schadenfreude is standing behind the ladies ...
I care; I relish the thought of them trying to survive in the horrible economy they’ve touted for years for an incompetent token who was “too black to fail”...
If Carlos Slim wanted to protect his investment you’d think that his first order of business would be to get rid of Pinch. He’s been running the Times into the ground for decades. As long as Pinch keeps hiring Marxists for the prime positions it’s just a matter of time before the stock price totally collapses and the Times joins the pink sheets.
When it comes to the NYT think of the late Billy Martin.
?
Billy was the best; one of the last manly men...
The NYT chickens have come home to roost....
Things must be ready bad fot the NY Times.
They are getting rid of potential voting swinnging writers just begoe the mid term elections.
They don’t really need them anymore.
They just report what our govt tells them to
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