The New York Times plans to eliminate about 100 newsroom jobs through buyouts and eventually layoffs if people don’t leave voluntarily, the newspaper announced Wednesday.
NYT Opinion, a new mobile app dedicated to opinion content, will also shut down due to a lack of subscribers, Arthur Sulzberger Jr., the newspaper’s publisher, and Mark Thompson, its chief executive, said in a note to staff.
“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 both for the individuals affected and for their colleagues,” the note said.
The Times’s executive editor, Dean Baquet, sent a separate note to the newsroom staff, the paper reported.
“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.
“There is no magic bullet for the current financial plight of the news business,” Mr. Baquet wrote. “But the journalists of The Times, with all of their creativity and belief in the future, have helped guide this company through even more turbulent times.”
The Times joins several major newspapers across the country that have made major cuts to staff this year, including The Wall Street Journal and USA Today.
• Jessica Chasmar can be reached at jchasmar@washingtontimes.com.
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