The New York Times Co. plans to narrow the size of its flagship newspaper and close a printing plant, resulting in the loss of 1,050 jobs, the company said in a story posted on its Web site late on Monday.
The changes, set to take place in April 2008, include the closure of a printing plant in Edison, New Jersey. The company will sublet the plant and consolidate its regional printing facilities at a plant in Queens, resulting in the loss of 800 jobs, the paper said.
The newspaper will be narrower by 1 1/2 inches. The redesign will result in the loss of 250 production jobs, the company said.
The New York Times said it expected the changes to result in savings of $42 million.
The narrower format, offset by some additional pages, will reduce the space the paper has for news by 5 percent, Executive Editor Bill Keller said in the article.
Less of the New York Times is always good news; too bad that it has to come on the backs of the honest working stiffs who merely print the stuff.