NYT Co. exits wholesale delivery business, cuts 550 jobs

By Erina Lin, Monday 8 September 2008 at 17:32 :: Circulaton & Distribution :: #2240 :: rss

The New York Times Co. is closing down its metro distribution center, and cutting 550 jobs, paidContent reported.

The center, called City & Suburban delivers the NYT and about 200 other publications to newsstands and retail stores in the New York area.

According to The Times, the decision to exit the wholesale distribution business since it was formed 16 years ago was due to the economic condition changes, including the online migration of readers and ad revenue as well as the higher cost of fuel. Local delivery will now take care of the NYT Co.’s national distribution by outside companies, paidContent reported.

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Comments

1. Wednesday 10 September 2008 at 01:50, by SaveTheNews

It's fascinating that a paper that so often advocates both union labor and illegal immigration is turning to further illegal labor to lower its costs. Fact: many of the Times' subcontracted delivery personnel in Manhattan where it has its own headquarters are illegal aliens earning subminimum wage. And the Times looks the other way. Total hypocrisy.

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