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Feb 14 2008 12:50PM EST

Newsroom Cuts at the 'New York Times'

New York Times executive editor Bill Keller announced, at one of the paper's regular staff talk-backs, plans for another wave of job cuts, including, according to three sources, the elimination of 100 newsroom positions. That's about 7 percent of the newsroom. Keller will hold three separate meetings today to break the news to the staff.

UPDATE, 1:44 p.m.: Times spokeswoman Catherine Mathis has confirmed the cuts. "We did have a meeting today and Bill Keller announced that the newsroom size will be lower by approximately 100 jobs by the end of this year. He said it will be achieved primarily through attrition and buyouts but layoffs are possible."

Mathis also tried to place the downsizing in context. "The newsroom size right now is the highest that it's been in our history. We have 1,332 newsroom employees. As you know, we have not been reducing our staff. It's been quite the opposite. We've been increasing the number of newsroom staff. [But] right now we're in the midst of a very difficult time in the business."

Wall Street seems to think the Times was in need of some streamlining.

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