In its first round of job cuts since 2008, The New York Times said it plans to eliminate 100 newsroom jobs out of about 1,250 by the end of the year -- first through voluntary buyouts, then by layoffs if not enough staffers volunteer to take the plunge.
More budget cuts in the edtorial, op-ed and business side are also expected, Editor Bill Keller informed the newsroom staff in the memo announcing the news.