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Has NYTimes Changed Historical Quality Tactic?

The New York Times will be cutting 45 positions from its newsroom. Jay Rosen refers to a Business Week article runs this quote:

“Despite all that has happened, I still think that The New York Times has a stature and a position of journalistic authority that is greater than any news organization in the world. Could that be destroyed? I believe that it could be,” says Alex S. Jones, a former Times media critic who is co-author of The Trust, a history of the Sulzbergers and their newspaper.

But that same article says chairman of the New York Times Company and fourth generation publisher of the Times, Arthur Ochs Sulzberger Jr.::

is doing what his forebears have always done: sink money into the Times in the belief that quality journalism pays in the long run. “The challenge is to remember that our history is to invest during tough times,” he says. “And when those times turn — and they do, inevitably — we will be well-positioned for recovery.”

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