NYT to cut paper size, close plant

The New York Times plans to make the size of its flagship newspaper narrower and close a printing plant, resulting in the loss of 1,050 jobs. A printing plant in Edison, N.J will be closed, resulting in the loss of 800 jobs. The newspaper itself will be narrower by one and a half inches; the redesign will result in the loss of 250 production jobs. The changes, set to take place in April 2008, are expected to result in savings of $42 million.

(2006-07-21 19:50:34 SGT) [Biz] Permalink

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