The New York Times, like the rest of the newspaper industry, went through a painful series of buyouts after the 2008 financial collapse exacerbated the already ongoing collapse of the newspaper industry. In 2009, they cut 100 positions. In 2011, they had 20 more buyouts. This morning, they announced they want 30 more.
Devil-tinted big box retailer Target has one great competitor that keeps its executives awake at night. No, not Wal-Mart—Amazon. It's Amazon that is poised to become the amorphous online "big box" of the future, leaving today's big, concrete boxes in a perilous position. But Target has a plan to save itself: it will give all of its customers an AMAZING shopping experience.
Put on your thinking caps, go into active listening mode, and stretch out your inside voices, Washington Post employees: it's time for a good old-fashioned in-house daylong corporate brainstorming session. No idea is too wacky to win the $1,000 prize! Looking at you, Hipness Desk. So remember to RSVP for this big event, #PostDisrupt. Is it on Twitter? No, there's just a hash tag in the name. For reasons of #Disrupt #Journalism #Hipness #BobWoodwardIsDoneAndWeNeedSomethingBig. The full email is below.
A.G. "Baller of a New Generation" Sulzberger—son of NYT publisher Pinch Sulzberger, heir to the throne of the Times empire, and natural wisenheimer—has completed his exile in Middle America, where he helmed the Kansas City desk and was forced to endure prolonged periods of subpar vegetarian cooking. He's coming home... TO RULE. To work on the Metro Desk, we mean. Don't fool yourselves; he'll be ruling soon enough.
New York Times ethics cop Phil Corbett just sent out the following memo to the newsroom, reminding them about the paper's rules for paid speaking engagements. (Thomas Friedman, among others, has had trouble with this in the past.) An NYT source says "they don't send these reminders out unless someone breaks the rules or screws up." So who was it? Email me if you know.