Last month, The Times announced that it would close its editing and prepress print production operations in Paris. This is the first round of buyouts offered since The Times announced in October 2014 that it would cut about 100 newsroom jobs. The Times is negotiating with the NewsGuild on a new contract, and both are still working out the final terms of the buyout offer. Layoffs happened two months later because The Times did not receive enough voluntary buyouts. “This buyout offers an excellent opportunity for some employees to leave on their own terms,” Grant Glickson, the chairman of the Guild unit at The Times, said in an email.

Source: New York Times May 25, 2016 08:22 UTC