Fake News - the consequences

Interesting - from the New York Post:

New York Times bloodbath could include reporter jobs
Reporters at the New York Times could soon be “vulnerable” to the ax. If the ongoing round of voluntary buyouts being offered to editing staff does not get enough takers, the Gray Lady could begin another round, NYT Executive Editor Dean Baquet recently warned his top department editors.

“Up until now, the company had not indicated that layoffs would happen if targeted numbers weren’t achieved,” Grant Glickson, president of the NewsGuild, told Media Ink.

As part of the NYT’s ongoing restructuring of its editing ranks, 109 copy editors have had their jobs eliminated. There are estimated to be about 50 new jobs available in the restructured editing operation that the Times envisions for its digital- and video-oriented future.

This is not the first cost-cutting measure by the NYT - back in December of 2016, they announced that they were leasing eight floors of their flagship building. They are on the wrong side of the public narrative. A couple more links:

• • CAN ANYONE SAVE THE NEW YORK TIMES FROM ITSELF?
  • Managing the Decline of Print: The New York Times Looks to Cut Costs
  • Donald Trump Blasts ‘Failing New York Times’ over ‘Hit Piece’
  • Exclusive — President Trump: New York Times ‘Intent Is So Evil and So Bad,’ ‘They Write Lies’