The New York Times Co. will close its regional distribution center in January and outsource the business to a third party. The move will eliminate 550 jobs. The Times’ City & Suburban center delivered The New York Times and about 200 other newspapers and magazines to outlets in the New York metropolitan area. Laid-workers will be offered a severance package.
This entry was posted on Monday, September 8th, 2008 at 4:51 pm and is filed under Business News, Layoffs, NewMedia. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.