Job Cuts as a Company-Wide Healing Mechanism
New York Times fires a few people to make a few others feel better

nytfront.jpg

With a pair of private equity firms trying to buy their way into running the New York Times, Arthur Sulzberger has other problems to tend to. Namely: Keeping his business and editorial units from throwing each other under a bus.

After last month's news that 100 newsroom jobs would be lost to budget cuts, business staffers rejoiced; finally, they thought, the staff slashes are equaling out, since they'd been taking the majority of the hits.

In one scenario, the coming editorial axings aren't just about pleasing shareholders, but mending relations between the two sides: Seeing their newsroom brethren experience some bloodshed will be therapeutic for the business unit.

And not that we don't believe Sulzberger has the capacity to fire people just to calm tensions, but, well, we don't.

On that note, you have until tomorrow to accept or decline a buyout offer.

Mar 3, 2008 · posted by david · Link · Respond
Related Posts

  • No related posts found.
  • Comments (0)

    There are no comments yet. Post yours!

    Leave a Comment

    It's easier to leave comments when you register for an account. It's quick.

    Already have an account? Then log in!

    Scroll Posts