Posted on 06/24/2017 4:07:40 PM PDT by mandaladon
Peddling fake news does not, in fact, equate to a long-term successful business strategy, reporters for The New York Times are learning the hard way. The Gray Lady, which many in the media class consider the pinnacle of the information business, is struggling so much financially that reporters are expected to be laid off from the publication, along with many editors, the New York Post reports.
“Reporters at the New York Times could soon be ‘vulnerable’ to the ax,” the Post’s Keith Kelly wrote. “If the ongoing round of voluntary buyouts being offered to editing staff does not get enough takers, the Gray Lady could begin another round, NYT Executive Editor Dean Baquet recently warned his top department editors.”
Kelly reported that as part of an ongoing restructuring at the Times—which has been happening since early 2017—a whopping 109 copy editors have already been terminated while only 50 new jobs are likely to be created as the paper shifts its focus to digital. Kelly wrote:
When the downsizing was first revealed in late May, a memo from Baquet and Managing Editor Joe Kahn portrayed the cuts as a “streamlining” of the editing process and indicated that some of the savings would be used to hire up to 100 more journalists. But in a mid-June meeting with department heads, Baquet admitted that journalists could be targeted in a new round of layoffs once the editing ranks are culled.
Kelly quotes a memo from New York Times metro editor Wendell Jamieson who said that the buyouts that are eliminating editor jobs at the Times are now also targeting reporter jobs there.
(Excerpt) Read more at breitbart.com ...
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>> “be careful. Rush and Hannitys syndicator is circling the drain of financial ruin.’ <<
As in all bankruptcies, valuable properties migrate to sources of wealth and continue to thrive. (A form of Freedom)
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Keep the crossword puzzles and dump the rest of nyt.
Maybe if it didn’t take them 4 “journalists” to write a story based on unnamed source...
Ping
Like Pelosi and Hillary.
However, NYT stock is up 33% since the first of the year. I think leftists are flocking to its site to get a dose of "comfort news."
winning! :)
Only reason I ever buy my local rag.
The Sunday issue has the NYTs crossword and another one of equal size that is a notch or two below on the difficulty scale.
LOL!
What ticks me off is that they just assume the middle class average Americans are just morons.
We’ll see. That assumption didn’t work for PIAPS.
Send the males directly to French Foreign Legion boot camp and females to Swedish refugee welcoming centers. Scum.
It’s not like you need many reporters to quote anonymous sources.
Maybe The Onion is hiring. /s
Winning, winning, more winning!!!
MAGA!!!!
May the convfefe be with us!!! LMAO
exactly the same here!
the crosswords are worth saving.
the rest of the NYT isn’t needed at all, the dog can crap outside
ps: save the crosswords but stop their false propaganda clues
(like: “President Born in Hawaii”...five letters beginning with O)
haha! (too obvious to be effective propaganda anyway,all it does is remind the reader that the otherwise-fine crossword puzzles are, regrettably, published by a larger enterprise dedicated to undermining our American republic)
Reporters?
Fake News fiction writers...
Losing for NY Slimes = WINNING for America!!!
Look for the Boston Globe to go on the market soon. It has worn out it’s need.
rwood
LOL!!!
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