New York Times to cut 100 jobs

Another sign that newspapers are quickly falling off the face of the earth: the New York Times is cutting more newsroom jobs. Apparently the janitor and bagel guy will be left.

The New York Times plans to eliminate 100 newsroom jobs — about 8 percent of the total — by year’s end, offering buyouts to union and non-union employees, and resorting to layoffs if it cannot get enough people to leave voluntarily, the paper announced on Monday.

The program mirrors one carried out in the spring of 2008, when the paper erased 100 positions in its newsroom, though other jobs were created, so the net reduction was smaller. That round of cuts included some layoffs of journalists — about 15 to 20, though The Times would not disclose the actual figure — which was the first time in memory that had happened.

Not a good sign for up-and-coming journalists who see the holy grail of newspapers shed off more jobs as the sagging economy continues to hit bottom lines.