Thursday, December 31, 2009

In workforce trims, some NYT Co. units lost more

Employment fell an average 9% across the New York Times Co. by the end of 2008 vs. 2007 -- to 9,346 full-time equivalent employees from 10,231 the year before, according to the company's most recent annual reports to the U.S. Securities and Exchange Commission.

But the annual change within the NYT Co.'s five major divisions wasn't uniform, based on a review of the so-called 10-K returns filed with the S.E.C. (chart, above).

For example, the Regional Media Group, which comprises 14 small community newspapers, lost 13% of its workers vs. 8% of all at the NYT Media Group, which mostly comprises The New York Times. Meanwhile, two divisions, the digital About Group and the Corporate office, actually gained a small number of employees, the filings show.

Earlier: Documents track annual NYT Co. employment cuts

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