NYT to lay off 100s more

From New York Post:

The layoffs would likely occur between the Aug. 21 end of the summer Olympics in Brazil and Election Day on Nov. 8, sources said.

The Gray Lady is also looking at either a radical downsizing or closure of its Paris office, and has been moving people to London, where it can have better control of letting staff go, since French law makes it very difficult and expensive for companies to lay off workers, one source said.More.

Reality check: In short, things are worse than they look, but government rules keep that fact from public view.

But where will the ex-staffers go? Are there any stats on what proportion got jobs manipulating public perceptions for progressive governments and pressure groups?

See also: Is there a future for serious journalism – except at panel discussions?

  • Clink9

    That’s the saddest news I’ve heard since bin Laden was exterminated.

    • I’m all busted up.

      • Clink9

        And K must be crying in her porridge this morning.

        • Praise the Lord.

          The glories of free enterprise.

          Provide a economically viable service or perish.

  • Hard Little Machine

    In terms of the drones? They get other drone jobs. Typically at Gawker, Buzzfeed, the Hill and so on.

  • Ron MacDonald

    Left wing websites are losing money too.

  • WalterBannon

    hope to hear the same about The Toronto Star soon…

    • Clink9

      And see Harpoon sitting on cardboard in front of Number One Yonge Street begging for coins.

      • Justin St.Denis

        Never! Sickdickie would make a natural transition to the islamic shave trade.

    • Justin St.Denis

      The Star lost in the neighbourhood of $250 million in the last quarter.

  • G

    —“But where will the ex-staffers go?”

    Who cares? Every unemployed journalist is a bit of brightness.

    • BillyHW

      They’re going to be flipping the tastiest burgers I could possibly imagine.

      • Will Quest

        & flipping those burgers with ATTITUDE !

  • BillyHW


  • dance…dancetotheradio

    In related news, I saw an article on Newswatch Canada:

    ‘Ottawa: Liberals eager to change all the rules surrounding Canada’s $48B broadcasting, media and cultural industries; ‘Everything’s on the table’; the ‘fix’ is in by activist Minister whether needed or not’

    Here we go…

  • Ed

    These are truly “New York” times…