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The across-the-board job cuts come as the unit, New York Times Digital, faces slowing growth in online advertising. “The growth in Internet advertising spending ... is not happening as quickly as we like,” Times Co. spokeswoman Catherine Mathis told Reuters. The reductions in the 400-strong work force will take place on Monday. They will hit employees at all levels in Times Digital’s four offices, in Boston; Cambridge, Mass.; Santa Rosa, Calif.; and New York. |
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