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NYT Cutting Jobs

The New York Times Co. is cutting 500 jobs companywide. The Boston Globe (owned by NYT) reports:

The Times Co. will slash about 250 jobs from its flagship New York Times broadsheet, 45 of them within the Times' newsroom... 160 from its New England Media Group alone, 35 of them in the Globe's newsroom... the Times' announcement came on the same day the Philadelphia Inquirer and its sister newspaper said they'll ax 100 newsroom jobs due to reduced revenue.

The Times, they are a changing. Tell me that print newspaper has any future. Their online editions would stand a chance if these papers could just stay ahead of those amateur hacks in the blogosphere. (see previous)

Incidentally, no cuts are forthcoming here at Atlas Blogged.