NEW YORK, N.Y. (WIVB) ––The New York Times today announced it will slash nearly 100 newsroom jobs along with positions in its editorial and business operations.
The paper will offer buyouts and will only resort to layoffs if they don’t have enough people leave voluntarily.
New York Times publisher Arthur Sulzberger Jr. also reported that NYT Opinion, a mobile app, will also be shutdown.
Reductions are being made to sustain the paper’s long term profits.
The 100 positions comprise about 7.5 percent of the newsroom staff.