The New York Times Company announced a temporary 5 percent pay cut for most employees, to avert newsroom staff cuts at the flagship Times newspaper this year, the executive editor, Bill Keller, said on Thursday.
The New York Times Company announced a temporary 5 percent pay cut for most employees, to avert newsroom staff cuts at the flagship Times newspaper this year, the executive editor, Bill Keller, said on Thursday.
The cuts were mandated for management and nonunion employees, and the Newspaper Guild has been asked to agree to them for those it represents on the newsroom staff. If the union does not agree, Keller said during a meeting of hundreds of staff members in the paper’s main newsroom, “we will face layoffs, probably on the order of 60 to 70 people,” out of almost 1,300 on the news staff.
Also on Thursday, The Times laid off 100 people in its business operations, and Mr. Keller said it would make other cuts, like reducing spending on freelancers by 10 to 15 percent and possibly consolidating some sections.