NYT says it will probably be forced to resort to layoffs

New York Observer
It appears the Times won’t get 100 buyout takers, so “we will — regrettably — be forced resort to some limited number of layoffs within the core newsroom,” says a memo. “While layoffs have become all too common across our industry, this is the first time the newsroom as a whole has confronted that blunt reality, and we approach it with a heavy heart.” The voluntary buyout window is still open for a few more days.

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