New York Times to Shed Some Newsroom Staff

Photo: Andrew Burton/Bloomberg via Getty Images

For the first time since the dark media days of 2009, the Paper of Record is offering voluntary buyouts to newsroom employees, in addition to business-side cuts. In a memo from new executive editor Jill Abramson, Times staffers were told that there will be "fewer than 20 buyouts" and that "no one ... will be laid off as a result of this program." Although the "uncertain economy" is cited, the move is being referred to euphemistically as "rebalancing." [Gawker]