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Cinnamon

More signs the NYT is struggling

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 Cinnamon    26,063

The New York Times offers buyouts to newsroom editors

The New York Times Co. NYT, +0.00% on Wednesday offered buyouts aimed at cutting the number of editors in the newsroom. In a memo to staff, Executive Editor Dean Baquet and managing editor Joseph Kahn said the paper's current system of two separate groups of editors performing different tasks would be replaced with one group of editors responsible for all aspects, according to the Times. "Our goal is to significantly shift the balance of editors to reporters at the Times, giving us more on-the-ground journalists developing original work than ever before," they wrote in the memo. 

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http://www.marketwatch.com/story/the-new-york-times-offers-buyouts-to-editors-eliminates-public-editor-role-2017-05-31

Not long ago they were renting out space to make money. Then did some deal with spotify to sucker in more subscribers. Now this. lmao! Hope they go broke. First thing most people do is try to rent out rooms if they're going broke, NYT is no diff. Fake News isn't paying that well anymore? 

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