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New York Times to Cut 100 Newsroom Jobs, Invest in Its 'Digital Future'

Discussion in 'Journalism topics only' started by 3_Octave_Fart, Oct 1, 2014.

  1. 3_Octave_Fart

    3_Octave_Fart Well-Known Member

    For this board's breathless fans of The New York Times.
    Even it has deigned to start evolving.

  2. Songbird

    Songbird Well-Known Member

    Should I tweet that? /Baquet
  3. MisterCreosote

    MisterCreosote Well-Known Member

    You forgot to mention that it's "investing in its digital future" in part by shutting down one of its major digital initiatives, an NYT opinion app, because of lack of interest and subscribers.
  4. LongTimeListener

    LongTimeListener Well-Known Member

    Should be a nice six-figure package for the people who get bought out. It usually is.

    I've said this before -- seeing NYT cutbacks as a sign of the industry's decline is like waiting until the attractive white cheerleader overdoses to decide the high school has a drug problem.
  5. 3_Octave_Fart

    3_Octave_Fart Well-Known Member

    I thought that was inherent.
    I have great contempt for the Times.
    But as John Adams said of Alex. Hamilton when he was killed:
    "No one wished to be rid of him that way."
  6. LongTimeListener

    LongTimeListener Well-Known Member

    Yeah I wasn't addressing you. I've just been seeing this on my FB feed and elsewhere as OH MY GOD THIS IS TERRIBLE FOR JOURNALISM
  7. 3_Octave_Fart

    3_Octave_Fart Well-Known Member

    I was talking to Crosote, bud. Carry on. And keep reading the Times! It's all we have left!!
  8. MileHigh

    MileHigh Moderator Staff Member

    Times' stock market price after the cuts were announced.

    Last edited by a moderator: Dec 15, 2014
  9. LongTimeListener

    LongTimeListener Well-Known Member

    What a ridiculous graphic.

    Seeing it you'd think the stock went up about 700 percent. In reality it's up 10 percent.
  10. Drip

    Drip Active Member

    It's not a good day for the business. I'm afraid it's something that was inevitable. A lot of good journalists have been cut.
  11. Dick Whitman

    Dick Whitman Well-Known Member

    That's how stock market charts like that always look. It's representative and appropriate, I think, of a set of people who think that even the most incremental change in their world is an epic event.
  12. Mauve_Avenger

    Mauve_Avenger Member

    It's crazy to think that 100 employees is only 7.5 percent of the newsroom.
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