Monday, December 7, 2009

Citing progress, NYT says it won't sell Worcester

Ending months of speculation, NYT has decided it won't sell the Worcester Telegram & Gazette, according to a new Boston Globe report. "In a note to Telegram employees," the Globe reports, "Times Co. chairman Arthur O. Sulzberger Jr. and chief executive Janet L. Robinson said the Central Massachusetts paper is 'making substantial progress in transforming every part of its journalistic and business operations' after job cuts, cost reductions and other.

The move follows a similar decision by the Times Co. in mid-October to keep the Globe in its portfolio as well.

No comments:

Post a Comment

Please keep comments focused squarely on topics related to the New York Times Co. and its affiliates.