New York Times Buyout Requests Don't Meet Paper's Goal

By: Advertising Age

At least 85 New York Times employees applied for voluntary buyouts by yesterday's deadline, falling short of the number the newspaper publisher said was needed to avoid firings, according to a union representative.

Grant Glickson, the chairman of the New York Times unit of the Newspaper Guild of New York, said in a phone interview yesterday that 62 guild members and at least 23 non-union employees that he knows of had applied by yesterday's deadline, which was 5 p.m. New York time.