Rebellion At The NYTimes: Newsroom To Walk Out After

New Post Public Reply Private Reply Replies (2) Message Board
wowhappens28
230
Rebellion At The NYTimes: Newsroom To Walk Out After "Decrying Direction Of Paper

The rag does not deserve to be in business.

http://www.zerohedge.com/news/2017-06-29/nyt-...management

Exhausted and demoralized after repeated buyouts and cutbacks in the newsroom, it seems the downtrodden journalists at the New York Times have finally had enough: In a pair of letters delivered to executive editor Dean Baquet and managing editor Joseph Kahn, the News Guild of New York said the New York Times editorial staff will leave the newsroom on Thursday as a demonstration of solidarity as management threatens jobs, according to MarketWatch.

Unlike the employee rebellion at the Wall Street Journal last year, when staffers confronted management about unequal pay practices and a paucity of female reporters and editors in leadership roles, the uproar at the times is centered around the repeated paycuts and cutbacks, which have left the newsroom feeling “demoralized.” One letter was sent by the organization's copy editors, who are facing dramatic staffing cuts, while the second letter was sent by reporters in an expression of solidarity with the editing staff. Both detailed frustrations with the repeated rounds of buyouts, and the lack of transparency surrounding management’s decisionmaking.

“In the copy editors’ letter to Baquet and Kahn, they say they feel betrayed and disrespected in the newsroom, and ask that management reconsider staffing cuts that are expected as the paper plans to restructure.

“Cutting us down to 50 to 55 editors from more than 100, and expecting the same level of quality in the report, is dumbfoundingly unrealistic,” the letter reads. “You often speak about the importance of engaging readers, of valuing, investing and giving a voice to readers. Dean and Joe: We are your readers, and you have turned your backs on us.”

“Editors — and yes, that especially means copy editors — save reporters and the Times every day from countless errors, large and small,” they say in the letter. “Requiring them to dance for their supper sends a clear message to them, and to us, that the respect we have shown the Times will not be reciprocated.”
The editorial staff is accusing Times management of being too opaque in its efforts to restructure the news operation, which includes consolidating two separate groups of editors into one group and asking copy editors to resubmit applications for roles in the newsroom.

Indeed, morale is so low at the NYT that its reporters and editors said they actually feel more respected by readers than by management. The letters referenced an internal report in which the copy editors were compared to dogs urinating on fire hydrants.

That’s quite the claim - considering President Donald Trump’s relentless bashing of the “failing” news organization has turned public sentiment squarely against it.

“And that is why it feels like such a profound waste that morale is low throughout the newsroom, and that many of us, from editors to reporters to photo editors to support staff, are angry, embittered and scared of losing our jobs,” the letter reads.
The rebellion comes at a time when advertising revenues for print – formerly a powerhouse of the media industry that has been precipitously eroded by the rise of free news on the internet – continue to shrink, and gains in digital advertising are failing to make up the difference.

In the first quarter, print ads declined by 18% while digital ad revenue increased by nearly 19% and accounted for more than 38% of the company’s total ad revenue. Still, the paper’s stock remains buoyant; shares have risen more than 35% year-to-date, compared with a 9% gain in the S&P 500.
Scroll down for more posts ▼

Top 10 Most Recent News Articles

AEVEX Facing Class Action Deadline Amid Stock Turmoil

Updated Category News Views 45

Investors are no strangers to the rough and tumble of stock markets, but things get downright messy when trust is shattered. That's the sorry saga unfolding with AEVEX, where shareholders are feeling the heat after a sharp nosedive in stock value. The clock is ticking to join the class action, and any AEVEX investor worth their salt should pay attention. Unraveling...

Continue Reading
Weifang's Cultural Resurgence: A Global Epigraphy Fest

Updated Category News Views 40

A Historical Meltdown into Global Recognition Welcome to the ride where ancient stones talk and cultural borders vanish. We're diving into the beating heart of Weifang, a place you're probably hearing about now because the town's hosting a packed international media tour. And, for a change, this isn't just another tourist trap; it's a cultural adrenaline shot to the arm,...

Continue Reading
Innventure Faces Major Lawsuit Over Misleading Investors

Updated Category News Views 48

Missteps at Innventure: A Costly Lesson in Investor Trust The stock market is no stranger to drama, but Innventure's saga feels like a page ripped right out of a thriller novel. You’ve got accusations, alleged fabrications, and a swift drop in stock prices that’s left some investors shaking their heads. The company, nestled under the ticker NASDAQ:INV, finds itself...

Continue Reading
Masimo's smartSET™ Revolutionizes Patient Monitoring

Updated Category News Views 40

Breaking Ground in Patient Monitoring Let's dive into the gritty details behind Masimo's latest FDA-nod: the smartSET™ system. This gizmo ain't your ordinary pulse oximeter; it's a next-gen hand-holder for the medical world, poised to ride the AI wave straight into the clinic. They've cracked open a new way for clinicians to peek behind the curtain of patient vitals,...

Continue Reading
Hyliion Class Action Deadline Nears for Investors

Updated Category News Views 50

Potential Shockwaves for Hyliion Investors Investors are having a showdown with Hyliion (NYSE:HYLN) these days. With the looming October 27, 2026, deadline to jump into a securities class action, it seems Hyliion's latest escapade smells worse than a fish market on a hot day. We’ve got allegations here stronger than your uncle’s morning coffee. Understanding the Legal...

Continue Reading
Voter Events by Valley Community Healthcare Aim to Empower

Updated Category News Views 29

Here's a game-changer for the community. Valley Community Healthcare (VCH) is stepping up, proving that healthcare doesn't just stick to check-ups and prescriptions. It's about the whole shebang—community empowerment included. This October, VCH is hosting two incredible voter events, collaborating with the Los Angeles County Registrar-Recorder's Mobile Voting Program....

Continue Reading
LG OLED evo W6: UAE Roadshow Starts with a Bang

Updated Category News Views 41

They've done it again, folks. LG Electronics is out there kicking up a storm with their all-new OLED evo W6 True Wireless Wallpaper TV, and they're bringing the action straight to the UAE's doorsteps. Imagine taking a stroll and stumbling upon this technological marvel at some fancy spot like The Lotus Lounge at Anantara The Palm Dubai Resort. This ain't just a TV, it's a...

Continue Reading

Top 5 Most Recently Viewed Articles

Telesat's Financial Performance Highlights for 2024

Updated Category News Views 204

Telesat's Financial Overview Today, Telesat, recognized as one of the largest satellite operators in the world, disclosed its financial results, shedding light on its performance for the recent fiscal year ended December 31, 2024. The company operates under the ticker symbols NASDAQ and TSX: TSAT, which denote its presence on two significant stock exchanges. Financial...

Continue Reading
Unlock Seamless Check Printing with ezCheckPrinting Today

Updated Category News Views 113

Streamline Your Check Printing with ezCheckPrinting ezCheckPrinting and Virtual Printer emerge as a vital solution for accountants and CPAs utilizing QuickBooks and Quicken. This software is designed to maximize efficiency for both U.S. and Canadian users, ensuring a professional check printing experience without unnecessary complications. Why Choose ezCheckPrinting and...

Continue Reading
Paychex Inc Surges to New Heights, Stock Reaches $142.04

Updated Category News Views 91

Paychex Inc Stock Reaches New Peaks Paychex Inc. (NASDAQ: PAYX) has recently achieved a remarkable milestone with its stock price reaching an all-time high of $142.04. This significant increase in value highlights the company's strong performance throughout the past year, during which its stock has appreciated by over 20.31%. Investor confidence has surged as Paychex...

Continue Reading
Trella Health Reinvents Post-Acute Market Strategies

Updated Category News Views 3

The Unexpected Insights for Post-Acute Care In a world where data is king, Trella Health is handing out crowns. The new launch of their Physician Group Explore & Analyze feature lands smack dab in the middle of a challenging healthcare landscape. We're talking post-acute care organizations desperately needing a clue on where to chase the next big opportunity. Breaking...

Continue Reading
Minesto Welcomes Alexander Jancke as New CFO to Lead Growth

Updated Category News Views 192

Minesto's Exciting New Chapter with CFO Appointment Minesto, a leader in ocean energy technology, is thrilled to announce the appointment of Alexander Jancke as the new Chief Financial Officer (CFO). His journey begins at a crucial time for the company. With nearly a decade of expertise in finance, Jancke has honed his skills as a certified auditor and financial advisor...

Continue Reading