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New York Times Staff Cuts: Longtime Editors Take Buyouts

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NEW YORK TIMES
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IN MID-OCTOBER, a memo was sent out to all New York Times editorial staffers, from recently-installed Times executive editor Jill Abramson, managing editor Dean Baquet, and managing editor for news operations John M. Geddes: plans to reducing the newsroom with a series of voluntary buyout packages were underway, with Ms. Abramson's projected count at "fewer than 20."

Read the whole story at The New York Observer