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Economy
Cost-cutting at NY Times, reorganization at WaPo
2009-04-17
Union busting apparently isn't enough to bring the costs in line ...
The New York Times unveiled plans on Thursday to eliminate several weekly sections of the newspaper in the latest cost-cutting move at the prestigious but financially troubled daily. The Washington Post, meanwhile, announced a sweeping editorial reorganization at the newspaper and details of its plan to merge its currently separate print and online operations into a single newsroom.

The Times said it was doing away with several weekly sections "in a bid to save millions of dollars" in ink, paper and freelance reporter costs, absorbing them into other parts of the newspaper. On the chopping board are the "Escapes" travel section in Friday editions, the regular fashion layout in The New York Times Magazine and regional weekly sections for surrounding areas such as New Jersey, the Times said.
Since no one in Joisey can read ...
In a memorandum to employees, Times executive editor Bill Keller said he hoped the latest moves, which come on top of a five percent pay cut earlier this year, would eliminate the need for further reductions. "The hope and expectation remain that the pay cuts and the spending cuts outlined above will get us through the year without the need for other significant reductions," Keller said.

At the Washington Post, executive editor Marcus Brauchli unveiled a number of personnel changes and the creation of a "Universal News Desk" that will edit stories for both the print and online editions of the newspaper. He said the reorganization was designed to "create new reporting groups, streamline editing desks and anticipate the impending integration of our print and digital news operations."

"We want to empower journalists and encourage them to work across departments and platforms," he said. "A single editor ultimately ought to be able to oversee all versions of a story, whether it appears in print, online or on a BlackBerry or iPhone."

Earlier this month, the Times threatened to shut down the Boston Globe, which was purchased by the Times Co. for 1.1 billion dollars in 1993, unless unions at the daily agree to pay cuts and other cost-saving measures.
Posted by:Steve White

#5  Good bye NY Times, your treachery is being justly rewarded.

Pissonya
Posted by: Rob06   2009-04-17 14:22  

#4  Schadenfreude, Parabellum.

schaden (damage/harm) + freude (joy)

Especially the JOY. :-D
Posted by: Barbara Skolaut   2009-04-17 14:21  

#3  Drove by the NY Slimes last night. the bright orange painted entrance would scare away anyone that not color blind! The place looked deserted.
Posted by: 49 Pan   2009-04-17 13:54  

#2  the prestigious but financially troubled daily

Half right.



Posted by: DoDo   2009-04-17 10:49  

#1  Re-arranging the deck chairs on the Titanic.

Heh heh heh... What's the german word? Schadensomething...
Posted by: Parabellum   2009-04-17 09:16  

00:00