The Traderszone Network

Published in TZ Latest News 1 October, 2014 by The TZ Newswire Staff

New York Times to cut jobs as new products disappoint

The publisher will cut 100 newsroom jobs and a smaller number of positions from its editorial and business operations, offering buyouts and resorting to layoffs if enough employees do not leave voluntarily, it said in a letter to staff. NYT Opinion, a mobile app dedicated to opinion content, will be shut down as it was not attracting enough subscribers, Executive Editor Dean Baquet said in the letter.