NYT Lays Off 100 On The Business Side; Cuts Salary For All Non-Union Staff, Including Sulzberger
The New York Times Company (NYSE: NYT) is laying off some 100 business-side employees and cutting non-union salaries across the board. NYFishbowl has the memo, which also outlines a
IBM is laying off too. :(
5% percent salary deduction is already a big amount of money especially to those who belong to lower level management. I hope everything will go well soon.