Hasta La Creative!

A 5 p.m. deadline bore down on New York Times employees considering whether to accept buyout packages, a bid for the newspaper publisher to trim costs.

The company has said there will be forced cuts if 100 jobs can’t be eliminated through voluntary buyouts.

Like many newspapers, the Times is trying transform itself into a digital newsroom as more readers get their news from the internet and as print circulation and advertising decline. The publisher said in a regulatory filing in October that the staff cuts “are necessary to control our costs and to allow us to continue to invest in the digital future of The New York Times.”

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