All The People Who Are Fit To Be Fired - NYT To Cut 500 Jobs

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Times Company Announces 500 Job Cuts
By KATHARINE Q. SEELYE

The New York Times Company announced yesterday that it would cut its work force by 500 employees, including 45 in The Times's newsroom and 35 in the newsroom of The Boston Globe.

The announcement came on the same day that Knight Ridder said it was cutting 100 editorial employees in Philadelphia: 75 from the newsroom at The Philadelphia Inquirer and 25 from The Philadelphia Daily News.

The announcements by two of the biggest newspaper companies in the country reflect the uncertain outlook for newspapers as some readers and advertisers move to other media.

"The climate change in the newspaper industry is going to take this kind of toll," said Colby Atwood, vice president of Borrell Associates, a media research firm. "I expect to see more of this over the next 10-plus years as the newspaper industry adjusts to its smaller role in news dissemination and advertising."

The Times Company said the 500 job cuts there would begin in October and would take place over the following six to nine months.

http://www.nytimes.com/2005/09/21/business/media/21paper.html?ei=5090&en=a17b66ee9b1d7110&ex=1284955200&partner=rssuserland&emc=rss&pagewanted=print