Abramson: Layoffs may follow if buyouts don't 'reach the savings we need'

New York Times employees have until COB Thursday to accept the company's buyout package. The company was hoping about 30 newsroom leaders would take the offer, it announced in December, as "the primary goal of the buyout program is to trim highly paid managers from its books." In a memo earlier this week, Executive Editor Jill Abramson encouraged employees to consider the option:

If you think the buyout is something that works for you at this time in your life, we urge you to give the offer serious consideration if you haven’t already.

Layoffs may follow if the buyouts don't "reach the savings we need," Abramson writes.

Who's bitten so far? Kara Bloomgarden-Smoke and Joe Pompeo both run down buyout-takers. Former Senior Vice President of Corporate Communications Bob Christie tells Bloomgarden-Smoke he was laid off: "My position was eliminated as part of company wide cost cutting," he said in an email.

Here's a running list of people who've said they're taking buyouts.

Assistant Managing Editor Jim Roberts:

Roberts' name came up about two weeks ago in New York magazine as a possible buyout candidate.

Roberts became digital editor of nytimes.com in 2006 and became an associate managing editor in 2008, then assistant managing editor in late 2010, with a focus on the Times' digital journalism.

In an interview with David Taintor, Roberts remembered the first time he was introduced to Twitter by New York Times developer Jacob Harris.

I do remember this presentation that Jake had made to a bunch of the editors and managers on the digital side of the Times, and it made an impact on me. I didn’t sign up immediately. I can’t say that I immediately saw the value that I certainly see now.

Roberts was recently elected to the board of the Online News Association.

Other departures:

  • Andrew Beaujon

    Andrew Beaujon reported on the media for Poynter from 2012 to 2015. He was previously arts editor at TBD.com and managing editor of Washington City Paper. He's the author of the 2006 book "Body Piercing Saved My Life," about Christian rock and evangelical Christian culture.


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