December 7, 2012 | Filed Under Business, Capitalism, Democrats/Leftists, Economy/Finances, Ethics, Jobs, Journalism, Liberals, Media, Media Bias, New York City, Progressives, The New York Times, Unemployment, Warner Todd Huston | Comments Off
-By Warner Todd Huston
Workers at The New York Times are facing more lost jobs as the paper of record initiates a new round of staff cuts in a cost savings move.
In a pair of leaked memos written by The Times’ executive editor, Jill Abramson, management informs employees of the goal of eliminating thirty more newsroom staffers.
“The economic environment has grown more difficult in the second half of the year and I must reduce costs in the newsroom,” Abramson told employees.
I hope the needed savings can be achieved through voluntary buyouts but if not, I will be forced to go to layoffs among the excluded staff. I expect that I will have to reduce the excluded staff by about 30 positions.
The New York Times already cut 100 positions in 2009 and initiated 20 contract buyouts in 2011.
Adweek reports that even as The Times has had continued success with its newest online paywall, its ad revenue is still in free fall.
This isn’t just a New York Times problem, of course. The whole newspaper industry is on the verge of collapse.
“The only end of writing is to enable the reader better to enjoy life, or better to endure it.”
Warner Todd Huston is a Chicago based freelance writer. He has been writing opinion editorials and social criticism since early 2001 and before that he wrote articles on U.S. history for several small American magazines. His political columns are featured on many websites such as Andrew Breitbart’s BigGovernment.com, BigHollywood.com, and BigJournalism.com, as well as RightWingNews.com, RightPundits.com, CanadaFreePress.com, StoptheACLU.com, AmericanDaily.com, among many, many others. Mr. Huston is also endlessly amused that one of his articles formed the basis of an article in Germany’s Der Spiegel Magazine in 2008.
For a full bio, please CLICK HERE.
Help the Soldiers!
American GeniusOur Founding Ideas
- The Declaration of Independence
- The Federalist Papers
- The U.S. Constitution
- Debates of 1787
- The Anti-Federalist Papers
- The Writing of John Locke
"Governments are instituted among men,deriving their just powers from the consent of the governed." Declaration of Independence July 4, 1776
What THEY Say:
Foreign News In English
Click HERE for information
on my fedora collection.Antique Stetsons, hat history...