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'Times' Rescinds Buyout Packages For Six Laid-Off Employees

We're hearing that the New York Times has changed its mind about giving buyout packages to six of the employees eliminated in newsroom layoffs announced last month. Instead of a package that would have included benefits for a time, they'll walk away with severance packages, which don't include benefits. A source tells us that the severance packages are worth about a third less than the buyouts originally promised. In November, the Times announced it would cut a dozen newsroom positions and "a number" of clerical administrative jobs.

Earlier: 'Times' Announces Newsroom Layoffs

5:10 PM on Thu Dec 20 2007
By Maggie
856 views, 14 comments

Latest by AuntieFreeze: And just think, people: Judy Miller gets free medical benefits for the REST OF HER LIFE. How unfair is that? more »

merry christmas!

'Times' Announces Newsroom Layoffs

About an hour ago, New York Times staffers received a holiday gift from executive editor Bill Keller—an announcement of layoffs! The cuts will come from the newsroom "for the first time in recent memory," according to the memo. A dozen "support positions" will be eliminated from the newsroom, along with "a number" of clerical administrative jobs; next year, several admin management positions will be cut. The Times apparently put a hiring freeze into place several weeks ago, and "except for those jobs that are critically important to our future ambitions, we intend to enforce it," Keller writes. Full memo after the jump. More »

1:50 PM on Wed Nov 28 2007
By Maggie
6,286 views, 84 comments

Latest by PandoraSpocks: While they re-arrange the deck chairs in first class at the Gray Lady did it occur to anyone that many of these fired employess will end up blogging? more »