During a talk at NYU, Arthur Sulzberger Jr. — the New York Times’ publisher — told the audience that the layoffs and buyouts currently making their way through the paper are “painful.”
Early last month, the Times announced it would be reducing its newsroom by 100, via either buyouts or layoffs. In a note explaining the plan, Sulzberger and CEO Mark Thompson stated, “We know that they will be painful both for the individuals affected and for their colleagues.”
As Capital New York reports, Sulzberger went back to that “painful” description again during his NYU talk. “We have more journalists today than we’ve ever had in our history,” said Sulzberger. “The skills necessary to succeed in this world are truly changing, and that’s not necessarily age-related. This is not to suggest going through these cycles is not painful. It is.”
We imagine 100 Times staffers agree.