The New York Times News Service is getting rid of nearly all of its editorial staffers and will hand off the operation to the NYTCo’s Gainsville Sun, the NYT reported. The NYTNS edits and syndicates articles from the NYT and more than 100 other sources. It acts like the NYTCo’s version of the AP. It also provides videos and photos to members of its syndicate, as well as features for weekly newspaper supplements.
There’s some dispute about how many of the NYTNS editors and writers will lose their jobs. The NYTCo (NYSE: NYT) says that the 25 of total 30 staffers will be let go, while the Newspaper Guild, which represents the employees, claims that 28 are being dismissed. Either way, the numbers of laid of news service staffers will not count toward the 100 cuts the main NYT newsroom is looking to make by the end of the year.
The layoffs that the NYTNS effectively leave the operation shuttered in New York. By moving it to The Sun in Florida, the NYTCo will have the paper’s less-costly non-union staff handling the duties of running the service. There was no indication as to how much the company would save on the changes or how much the layoffs would initially cost.
Speaking if the non-union workforce at the NYTCo, the company said it would stop cease contributions to their pensions when the year draws to a close. Instead, the NYTCo would take 3 percent of their wages each year and put that in non-union staffers’ 401(k) plans. No word on how much that move would save either.