By paulgillin | September 19, 2007 - 9:58 am - Posted in BusinessModel, Journalism, Layoffs, Newspapers

Thew New York Times Co. said it plans to cut 500 jobs, including 35 positions in The Boston Globe newsroom and 45 on the NY Times editorial staff.

“Knight-Ridder Inc. yesterday said it was eliminating 100 newsroom jobs at the Philadelphia Inquirer and its sister paper, the Philadelphia Daily News, because of lower circulation and revenue. The Boston Herald this year said it was eliminating about one quarter of its newsroom staff,” said an article in the Globe.

A Globe spokesman noted that the paper still has the largest editorial staff in New England, but that’s slim consolation when your biggest competitor has just slashed a quarter of its workforce. The Globe layoffs won’t begin till October, which means the Globe has got to be one gloomy place right now.

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