1.0link179574<![CDATA[New York Times Announces Pay Cuts, Layoffs]]>http://www.huffingtonpost.com/2009/03/26/new-york-times-announces_n_179574.htmlNEW YORK — The New York Times Co. is cutting pay for most employees by 5 percent for a nine-month period and laying off 100 people.
The company's flagship newspaper reported on its Web site Thursday that the cuts will hit most nonunion workers and run from April through December. Employees will receive 10 days off in return.