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Title : Ny Governor Andrew Cuomo Makes Statist Economical Offering To The 'New York Daily News
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Ny Governor Andrew Cuomo Makes Statist Economical Offering To The 'New York Daily News

Tronc Inc. has announced it is laying off one-half the word staff at the New York Daily News.

The economical guillotine fell quickly according to The New York Times:

The coming together lasted less than a minute. By the fourth dimension it was over, reporters in addition to editors at The Daily News had been told that the newsroom staff was existence cutting inwards one-half in addition to that the editor inwards chief, Jim Rich, was out of a job.

Grant Whitmore, an executive at Tronc, the media companionship that owns The News, presided over the meeting, which took house soon afterwards ix a.m. on Mon inwards the seventh-floor newsroom at iv New York Plaza inwards Lower Manhattan.

It appears to live a really calculated occupation concern move. The Times explains:

Since Tronc, which is based inwards Chicago, bought The News from the New York existent estate developer in addition to media mogul Mortimer B. Zuckerman inwards September 2017 — for a reported $1 — it has been examining its latest asset. In a memo sent to the paper’s employees minutes afterwards the quick Mon morn meeting, the companionship said that it had been working to transform the tabloid into a publication improve suited to the digital age.

“But nosotros accept non gone far enough,” the memo said.

After noting the paper is grappling amongst “significant fiscal challenges,” the Tronc disceptation got downwards to the nitty-gritty: “We are reducing today the size of the editorial squad past times around l portion in addition to refocusing much of our talent on breaking word — specially inwards areas of crime, civil jurist in addition to populace responsibility.”

But the New York governor doesn't seem to desire market factors to re-focus the NYDN.

He issued this statist statement:

My disceptation on the layoffs at the @NYDailyNews: pic.twitter.com/R1FflH98DX

— Andrew Cuomo (@NYGovCuomo) July 23, 2018

In other words, Cuomo wants to terminal Tronc from readjusting the NYDN to the electrical flow economical in addition to technological environment. He wants an outdated buggy whip-style NYDN model to continue. That is, he wants to employ the equivalent of newspaper Grecian formula to the paper's operations, using New York taxpayer coin to pay for the fake-1930s model paper.
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-RW  

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