The NY Times announces a personnel reduction plan and what is the reason for reducing the scale of 100 people?

ByAlexander Torrenegra

The New York Times of the daily newspaper boasting the No. 3 circulation circulation in the US announced that it will reduce the number of persons of 100 people, which is 7.5% of the total from the news editorial office.

New York Times Plans to Eliminate 100 Jobs in the Newsroom - NYTimes.com
http://www.nytimes.com/2014/10/02/business/media/new-york-times-plans-cutbacks-in-newsroom-staff.html


New York Times Lays Off Staff, Shuts Down Opinion App | Re / code
http://recode.net/2014/10/01/the-new-york-times-app-plan-isnt-working-so-its-laying-off-staff/

The New York Times (hereinafter referred to as the NY Times) announced a personnel reduction plan on October 2, 2014 local time, and started recruiting voluntary retirees. Applicants will be paid early retirement incentives, but if they do not reach the planned numberLayoff(Layoffs) are also planned. Furthermore, in addition to this large-scale personnel reduction plan, the application "NY Times"NYT Opinion"We have also announced that we will terminate the service of the same application because we could not get enough subscribers for 6 dollars a month (about 640 yen) per month.


As the NY Times is putting emphasis on the digital division, the number of web producers and picture reporters is on the increase, and despite the fact that they have decided to cut off staff at the editorial office over the past six times, the number of employees continues to increase State.Washington PostAbout 650 staff members of the editing department,BuzzFeedThere are about 225 people, but the NY Times has editorial staff size of 1330 people as of 2014. Profitability has declined since 2013 as cost increases.

Regarding the reasons for this reduction in workforce, we have stated "to protect long-term profitability", and announced that the cost to be secured will be invested in the digital sector in the future. Dean Baquet editor-in-chief said in a separate letter sent to the staff of the editorial office, "We will increase freelance content in several sectors when we cut jobs," staff to be dismissed We are referring to the future response.

Although it is the NY Times who cut the number of people by the failure of "NYT Opinion" application, in addition to "NYT CookingJust released a recipe application called " Although it is planned to be charged in the future in the future, it is currently being offered for free because it plans to secure the number of users earlier, and it is now possible to record a large number of unique visitors more than 1 million visitors in 2 weeks from release We are collecting echoes. Digital advertising revenues have been growing since 2010, and we will continue to challenge the digital division in the future with lessons learned from the failure of NYT Opinion.


In September 2014, the industry's largestUSA Today, Second in the industry in the summer of 2014Wall Street JournalIt is a difficult period for major newspaper companies as we are working on reducing headcount.