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‘New York Times’ likely to resort to layoffs

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New York—The New York Times will likely resort to layoffs to meet its goal of reducing the newsroom staff by 100, according to an internal memo obtained by Politico. The memo was issued Friday by the newspaper's executive editor, Bill Keller.

The Times had hoped to meet it headcount reduction goal through voluntary buyouts, but, as of Friday, not enough staffers had opted for the buyouts, Keller wrote in the memo. The buyout deadline is Monday. "Each buyout we record before next Tuesday reduces the number of layoffs we will have to seek," Keller wrote in the memo.

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