New York Times to slash 'hundreds' of jobs

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The New York Times Co. is reportedly preparing to lay off hundreds of staffers in the second half of 2016.

Chairman and Publisher Arthur "Pinch" Sulzberger Jr.'s team has been talking with some of the Times' unions to come to a deal, according to the New York Post.

The Times is reportedly hoping to provide reduced severance to the "few hundred staffers" impacted by the lay offs. The Post claims the layoffs would occur between Aug. 21 and Nov. 8, which is the period between the Olympics and the presidential election.

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NY TIMES BESTSELLERS 4/17
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New York Times to slash 'hundreds' of jobs

No. 15 on NY Times Bestsellers list nonfiction: 

Seven Brief Lessons on Physics, $11.53

Seven Brief Lessons on Physics is a book about the joy of discovery. Carlo Rovelli brings a playful, entertaining, and mind-bending introduction to modern physics, offering surprising—and surprisingly easy to grasp—explanations of Einstein's general relativity, quantum mechanics, elementary particles, gravity, black holes, the complex architecture of the universe, and the role humans play in this weird and wonderful world. 

No. 14 on NY Times Bestsellers list nonfiction: 

Miracles from Heaven: A Little Girl and Her Amazing Story of Healing, $9.10

Soon to be a major motion picture from Sony, starring Jennifer Garner and Queen Latifah-Miracles from Heaven is the true story of one little girl, her journey to heaven, and an amazing story of healing.

No. 13 on NY Times Bestsellers list nonfiction: 

Smarter Faster Better: The Secrets of Being Productive in Life and Business, $16.29

From the author of The Power of Habit comes a fascinating book that explores the science of productivity, and why, in today’s world, managing how you think—rather than what you think—can transform your life.

No. 12 on NY Times Bestsellers list nonfiction: 

Lab Girl, $16.17

An illuminating debut memoir of a woman in science; a moving portrait of a longtime friendship; and a stunningly fresh look at plants that will forever change how you see the natural world

No. 11 on NY Times Bestsellers list nonfiction: 

The Boys in the Boat: Nine Americans and Their Epic Quest for Gold at the 1936 Berlin Olympics, $9.15

For readers of Unbroken, out of the depths of the Depression comes an irresistible story about beating the odds and finding hope in the most desperate of times—the improbable, intimate account of how nine working-class boys from the American West showed the world at the 1936 Olympics in Berlin what true grit really meant.

No. 10 on NY Times Bestsellers list nonfiction: 

Between the World and Me, $9.83

In a profound work that pivots from the biggest questions about American history and ideals to the most intimate concerns of a father for his son, Ta-Nehisi Coates offers a powerful new framework for understanding our nation’s history and current crisis.

No. 9 on NY Times Bestsellers list nonfiction: 

Alexander Hamilton​, $13.06

In the first full-length biography of Alexander Hamilton in decades, Ron Chernow tells the riveting story of a man who overcame all odds to shape, inspire, and scandalize the newborn America. According to historian Joseph Ellis, Alexander Hamilton is “a robust full-length portrait, in my view the best ever written, of the most brilliant, charismatic and dangerous founder of them all.”

No. 8 on NY Times Bestsellers list nonfiction: 

Disrupted: My Misadventure in the Start-Up Bubble, $13.50

"Wildly entertaining ... Lyons has injected a dose of sanity into a world gone mad." ---Ashlee Vance, New York Times-bestselling author of Elon Musk

No. 7 on NY Times Bestsellers list nonfiction: 

Dead Wake: The Last Crossing of the Lusitania, $12.23

From the bestselling author and master of narrative nonfiction comes the enthralling story of the sinking of the Lusitania

No. 6 on NY Times Bestsellers list nonfiction: 

Look Me in the Eye: My Life with Asperger's, $8.64

“As sweet and funny and sad and true and heartfelt a memoir as one could find.” —from the foreword by Augusten Burroughs

No. 5 on NY Times Bestsellers list nonfiction: 
 

Book of Ages: The Life and Opinions of Jane Franklin, $14.43

From one of our most accomplished and widely admired historians—a revelatory portrait of Benjamin Franklin's youngest sister, Jane, whose obscurity and poverty were matched only by her brother’s fame and wealth but who, like him, was a passionate reader, a gifted writer, and an astonishingly shrewd political commentator.

No. 4 on NY Times Bestsellers list nonfiction: 

The Third Wave: An Entrepreneur's Vision of the Future, $16.17

One of America’s most accomplished entrepreneurs—a pioneer who made the Internet part of everyday life and orchestrated the largest merger in the history of business—shares a roadmap for how anyone can succeed in a world of rapidly changing technology.

No. 3 on NY Times Bestsellers list nonfiction: 

When Breath Becomes Air, $15.00

At the age of thirty-six, on the verge of completing a decade’s worth of training as a neurosurgeon, Paul Kalanithi was diagnosed with stage IV lung cancer. One day he was a doctor treating the dying, and the next he was a patient struggling to live.

No. 2 on NY Times Bestsellers list nonfiction: 

The Sleep Revolution: Transforming Your Life, One Night at a Time, $13.00

We are in the midst of a sleep deprivation crisis, writes Arianna Huffington, the co-founder and editor in chief of The Huffington Post. And this has profound consequences – on our health, our job performance, our relationships and our happiness. What is needed, she boldly asserts, is nothing short of a sleep revolution.  Only by renewing our relationship with sleep can we take back control of our lives.

No. 1 on NY Times Bestsellers list nonfiction: 

The Rainbow Comes and Goes: A Mother and Son On Life, Love, and Loss, $15.00

A touching and intimate correspondence between Anderson Cooper and his mother, Gloria Vanderbilt, offering timeless wisdom and a revealing glimpse into their lives.

No. 15 on NY Times Bestsellers list nonfiction: 

Becoming Grandma: The Joys and Science of the New Grandparenting, $17.20

From one of the country’s most recognizable journalists: How becoming a grandmother transforms a woman’s life.

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Like many newspaper publishers, the Times has been hard by declining print circulation and ad revenue as well as increased costs in moving to digital operations.

The paper recently announced a $50 million investment on Thursday to fund the creation of a new team called NYT Global, which aims to expand the newspaper to "multiple international markets in several major languages."

Back in February, executive editor Dean Baquet sent a lengthy memo to his staff that addressed the way the Times' newsroom "is experimenting and adapting as we move into our digital future."

Banquet also said the paper is "revamping" its video unit and that the "news hub is beginning to free desks to focus on coverage without being consumed by print deadlines." Baquet says that the Times has already started a "desk-by-desk digital training regimen" because they were "largely unaware of our audience's changing habits."

Banquet's memo did not mention potential layoffs. The Times did not immediately respond to our request for comment about the Post's report.

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