A Black Day for 'The Gray Lady'

Image via CrunchBase

Falling short of the 100 staff positions targeted for elimination because not enough employees opted for a voluntary buyout, The New York Times yesterday began issuing pink slips to reporters, some of whose bylines are  recognizable to readers.

In a story culled from various media sources, including The New York Post, Gawker, and New York magazine, The Huffington Post reports that 26 Times employees will lose their jobs before the end of the year in addition to the 74 news staffers who accepted a voluntary buyout package (60 Guild and 14 non-Guild members).

Among those reportedly laid-off on Wednesday are business reporter Kate Galbraith, culture writer Eric Konigsberg, real estate scribe Josh Barbanel and national. reporter Sara Rimer (full disclosure, an acquaintance of "TUOL"'s devoted staff).

The New York Times Co. owns 19 newspapers, including The New York Times, The Boston Globe, Worcester Telegram & Gazette and The Gainseville Sun, among other holdings.