Friday, May 27, 2005

Times Co. plans to ax 190 jobs
Times Co. plans to ax 190 jobs

# The New York Times Co. said it is cutting 190 jobs at its flagship newspaper and its New England publishing group, which includes The Boston Globe. The cuts represent about 1.5% of its total workforce.

About two-thirds of the job cuts will occur at The Times, with less than two dozen coming from the newsroom, the company said. The newsroom jobs will be eliminated through a voluntary program.

Toby Usnik, a company spokesman, called the cuts "part of an ongoing effort to streamline our operations and lower costs. It's partly a reflection of the advertising climate, which has been difficult over the past couple of years."

The Times last made significant job cuts in April 2001, when it eliminated 9% of its staff, or about 1,200 jobs, Usnik said.