Right now, The New York Times is in the middle of a round of buyouts in an effort to cut 100 positions, to stretch existing revenue over a smaller cost base… The deadline for putting up their hand is Monday, and it seems clear that we will be losing people with many decades of professional experience, journalists with deep sources and remarkable levels of productivity. It’s hard to put a price on what those hard-won skills are worth.
David Carr
Read more: When the Forces of Media Disruption Hit Home, The New York Times
(Source: The New York Times)
