NY Times Co. Cuts 190 Jobs
First the New York Times announces that it will charge a $49.90 annual subscription to gain online access to columns and op-ed pieces for it and its sister paper, the International Herald Tribune.
Now the parent company has announced that 190 jobs will be cut:
In a statement, the company said the reductions will include “fewer than two dozen” employees in The New York Times newsroom. About two-thirds of the reductions will occur at the Times, with the rest coming from the company’s New England Media Group, which includes The Boston Globe.
Meanwhile, the Washington Times is celebrating substantial gains in circulation numbers:
The Washington Times celebrated its 23rd anniversary yesterday with cake and champagne served to its employees at a midafternoon assembly, as its executives announced a substantial gain in audited circulation in the face of a national trend of declining U.S. newspaper numbers.
