NYT hits employees with massive cuts

In an effort to stay relevant in the digital age, the New York Times has eliminated 109 copy editors since May and is currently offering voluntary buyouts to the remaining members of its editing staff. However, if there aren’t enough takers, reporters could soon face more job cuts, according to Executive Editor Dean Baquet.

Embarking on a digital- and video-focused operation, the NYT was reportedly “streamlining” its editing process, according to a memo from Baquet and Managing Editor Joe Kahn back in May, which suggested that some of the savings would be used to hire up to 100 more journalists.

“Up until now, the company had not indicated that layoffs would happen if targeted numbers weren’t achieved,” Grant Glickson, president of the NewsGuild, told reporters.

In a meeting with department heads on June 15, Baquet said that journalists could be let go in a new round of layoffs.

“This proves what we have suspected all along,” said Glickson. “The Times ‘restructuring’ of the newsroom is really about the bottom line and not about making the editing process more efficient, as they claim.”

According to one insider, things look grim for some reporters. “If you don’t have a job after the interview process is complete, you really have no choice but to take the buyout.”

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