Get Your Fresh Intelligence Daily

SUBMIT

New York Times Sheds Another 550 Jobs

Oct. 27 2008, Published 7:07 a.m. ET

Link to FacebookShare to TwitterShare to Email
  • The New York Times is not fucking around with this leaner and meaner stuff:
    The New York Times Company announced today that in January it will close City & Suburban, its distribution organization that delivers The New York Times and approximately 200 other newspapers and magazines to newsstands and retail outlets in the New York metropolitan area. Going forward, The New York Times will be distributed to newsstands and retail outlets through a combination of third-party wholesalers and the Company's own drivers. ...Approximately 550 full-time equivalent employees will be affected by the closure and the Company plans to ease the change by providing severance packages to them.
    PREVIOUSLY: New York Times To Drastically Shrink

  • Article continues below advertisement
    Advertisement

    © Copyright 2021 Radar Media Group LLC. Radar and RadarOnline are registered trademarks. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.