The New York Times Co. says it is cutting about 100 newsroom jobs through buyouts and layoffs in an effort to trim costs and focus more on its digital efforts.
Microsoft has joined the negotiations to buy struggling computer maker Dell, according to media reports.
The New York Times said Monday it was offering buyouts to 30 newsroom managers and other journalists as part of an ongoing cost-cutting drive in a difficult environment for the newspaper industry.
Sharp Corp., once a titan among Japanese electronics manufacturers, now isn't sure it will be able to crawl out of a financial pit made deeper by ruthless competition and relentless losses.
The Boston Globe has offered buyouts to 43 employees, including 20 in the newsroom, in the face of "challenging times for our industry."
The New York Times said Thursday it would offer buyouts to more than a dozen journalists as it seeks to cut costs in an "uncertain" economy.
Private equity-backed buyouts are less likely to fail than non private equity-backed buyouts, according to a report published today by a team of academics.