By E&P Staff
Published: September 20, 2005 4:37 PM ET
“NEW YORK The New York Times Co. announced a staggering staff reduction plan Tuesday that will likely mean some 500 job losses at the company’s many properties, including an expected 45 newsroom positions at The New York Times newspaper and 35 at The Boston Globe.
In a memo to staffers, company chairman Arthur O. Sulzberger, Jr. and CEO Janet Robinson wrote: ‘We regret that we will see many of our colleagues leave the Company; it is a painful process for all of us. We have been tested many times in our 154-year history as we are being tested now.’ They promised this would not impact the quality of the paper’s journalism.”
And, that’s what’s so sad about this story… they don’t realize that it is the “…quality of the paper’s journalism” that has plunged “Pinch” Sulzberger, Jr. and his CEO into this morass. I don’t pretend to know for certain what forces are behind the loss of circulation and advertising, but I have a hunch. Perhaps people are finally waking up to the fact that they can get plenty of opinion from The Nation or The American Spectator, which openly admit their bias. The disgraced New York Times has been utterly exposed over the past few years as opinion under the guise of objective journalism. Their days of prestige and dominance appear to be coming to an end and good riddance!