New York Times Seeks Buyouts Before Imposing Layoffs

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The New York Times' masthead is displayed in front of the midtown... News PhotoBusiness,Corporate Business,Economy,Finance,Headquarters,Horizontal,Midtown Manhattan,New York City,New York Times,Recession,USAPhotographer Collection: Getty Images News 2009 Getty ImagesNEW YORK - DECEMBER 07: The New York Times' masthead is displayed in front of the midtown headquarters on December 7, 2009 in New York City. Today is the deadline for Times staffers to accept a buyout package in an effort to eliminate 100 newsroom employees this year in the struggling economy. The newspaper will likely fall short of the 100 buyouts and will need to layoff staffers to cut costs. (Photo by Mario Tama/Getty Images)