Ad execs are latest victims of New York Times layoffs

New York Post | 12/7/2017 | Staff
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Advertising sales execs at the New York Times were in a tizzy on Wednesday after a fresh round of layoffs decimated the ad sales director role, The Post has learned.

Out of a 15-person department, at least 10 ad sales directors were let go, sources said.

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The Times confirmed that there had been some layoffs but did not comment on the number of jobs eliminated.

“This was a limited and targeted action, tied to a new strategy for 2018 that intends to bring the sales leadership team as close to our clients as possible,” a spokeswoman said. “As a result, we’re also adding new positions.”

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The news comes after the Gray Lady has endured another tough year in advertising sales — and as it looks to expand digital sales to counterbalance shriveling print...
(Excerpt) Read more at: New York Post
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