New York Times set to cut 100 jobs by year's end
27 October 09

The New York Times is to cut the size of its news staff by 8% by the end of the year.
 
It will offer voluntary buyouts at first but resort to layoffs if it cannot meet the target of 100 positions, according to a memo sent by executive editor Bill Keller to staff today.
 
The Times, flagship of The New York Times Company, trimmed 100 jobs last year and has cut another 100 from the newspaper's business operations. But it still maintains one of the largest news operations in the US.
 
Both union and nonunion workers took a 5% pay cut earlier this year as the newspaper tried to avoid cutting more jobs.