Either way, they are never getting $12.50 a week out of me ever again!
This isn't going to help the shit rag improve its woeful image and "news" coverage, that's for sure!
"The Times to Cut 100 News Jobs"
"After years of resisting the newsroom cuts that have hit most of the industry, The New York Times will bow to growing financial strain and eliminate about 100 newsroom jobs this year, the executive editor said Thursday.
The cuts will be achieved “by not filling jobs that go vacant, by offering buyouts, and if necessary by layoffs,” the executive editor, Bill Keller, said. The more people who accept buyouts, he said, “the smaller the prospect of layoffs, but we should brace ourselves for the likelihood that there will be some layoffs.”
Bill Kristol maybe?
He said, “We intend to move quickly, to get any cuts past us so that we do not spend a year bleeding slowly.”
Even though the paper he edits has been bleeding for years!
Why do you think they are cutting back?
The Times has 1,332 newsroom employees, the largest number in its history; no other American newspaper has more than about 900. There were scattered buyouts and job eliminations in the newsroom in recent years, but the overall number continued to rise, largely from the growth of its Internet operations.
And the New York Times is LOSING that fight!
BLOGS RULE, and not the crappy MSM types.
More like the one you are reading, because WE DON'T LIE to you and we don't shovel Zionists propaganda at you, readers!
The New York Times Company has made significant cuts in the newsrooms of some of its other properties, including The Boston Globe, as well as in nonnews operations.
No wonder the Globe is such a shit sheet now!
Executives say the overall headcount is 3.8 percent lower than it was a year ago. But with the industry’s economic picture worsening, the company is under increased pressure from shareholders — notably two hedge funds that recently bought almost 10 percent of the common stock — to do something significant to improve its bottom line.
Ha-ha-ha-ha!!!
Fuck you and your problems, Times.
Nice to see it!!!!!!
The Times Company stock, which topped $52 in mid-2002, sank below $15 in January.
That's because YOU LIE, Times!
If you told the truth instead of pushing Zionist propaganda and lies, maybe your stock price wouldn't be cratering.
And don't look here for help: I will NEVER PURCHASE a copy of the New York Times again!!!!
The interest of the hedge funds has generated a slight rebound. Shares closed at $18.84 Thursday, partly in response to news of the probable layoffs.
AmeriKa's "newspapers" are going the way of the dinosaurs, readers.
Meet the NEW NEWS -- the BLOGS!!!!!!!!!
For 2007, the Times Company recently reported earnings of $208.7 million on revenue of $3.2 billion.
Oh, so the Times STILL PROFITED by some $200 million, huh?
Oh, boo-hoo for the poverty-stricken elitists at the New York Times.
The company’s newspaper segment had an 8 percent operating margin last year, compared with 13 to 22 percent for several other large newspaper publishers. Newspaper industry ad revenue fell about 7 percent last year, and 4.7 percent at the Times Company, hurt by both the slowing economy and the rise of Internet advertising. Executives around the industry have projected that 2008 will be equally bad.
Good!!!!!!
Revenues are falling even as readership of major newspapers climbs sharply because of the Web. Most major papers set records for Internet traffic last month, Nielsen/NetRatings reported Thursday; the Web site of The Times had more than 20 million unique visitors, more than any other newspaper site.
Yeah, right, everyone is going on there to read the MSM papers.
I only do it to show what a bunch of LIARS they are!!!!
And I will NEVER PAY for anything they offer.
If they want to take their site away, then that's fine with me.
The REAL TRUTH is on the BLOGOSPHERE -- and not at the New York Times' website, readers.
That's just crap!
Other large papers have made much bigger cuts, proportionally, than those The Times is planning; some newsrooms are more than 20 percent smaller than they were early in the decade.
Even so, eliminating jobs at The Times has grown harder “because the low-hanging fruit is gone, and so is some of the higher-hanging fruit,” Mr. Keller said. And he suggested that the cuts could not help but affect the newspaper’s journalism.
I doubt that last one since the Times is already shit.
And I laugh at the situation the Times finds itself!
Cutting close to the bone, huh?
Ha-ha-ha-ha!!
Serves you right for shoveling such shit all these years!
“To meet our budget goals, we will have to do a little less, and every time we do less, we cede a bit of advantage,” he said. “Our challenge will be to set our priorities in such a way that we do less in the areas that damage our competitiveness least.”
The Times has a newsroom budget of more than $200 million. It is one of a few news organizations that has not reduced its coverage of Iraq, which costs about $3 million a year. Expenses have also been increased by an unusually long and competitive presidential campaign.
Considering the articles they have printed in the last year, how can they say that?
Oh, that's right, the Times LIES!!!!
They LIED US INTO Iraq and LIED about the surge, so what makes you think the Times is telling the truth about Iraq now?
Answer: They are not, readers.
The Times also faces increased competition from The Wall Street Journal, which was acquired in December by the News Corporation. With Rupert Murdoch, the News Corporation’s chairman, calling for The Journal to become an alternative to The Times, The Journal is stepping up its coverage of politics and government.
The Journal has about 750 newsroom personnel, a figure that does not include some of the support staff that most newspapers include in the tally. That is the largest the number has ever been, and executives have said they expect it to grow.
The Los Angeles Times has about 870 newsroom employees, down from about 1,200 early in this decade, and recently announced that it would eliminate 40 to 50 newsroom jobs. The Washington Post has about 800, down from a peak of about 900."
Translation: AmeriKa's MSM are OLD NEWS and are LOSING ENTERPRISES!!!
NO ONE READS YOU ANYMORE, shitters!
Because YOU LIE!!!!!!!!
You want the truth, readers?
Stay right here and READ the BLOGS!!!!!
