* Cuts at New York Times News Service
* Editing of news service to move to the Gainesville Sun
* New cuts come less than a month after 100 job losses
Nov 13 (Reuters) - Less than a month after cutting 100 newsroom jobs, the New York Times NYT.N said on its website it would fire at least 25 editorial employees next year at the New York Times News Service.
The editing of the news service will be moved to the Gainesville Sun, a Florida newspaper owned by the paper’s parent, the New York Times Co.
Five employees of the news service would retain their jobs, the paper said, adding that the Newspaper Guild put the number of job cuts at 28.
The news service uses completed articles from the paper and re-edits them for distribution to the wire, the paper said on its website.
Last month the New York Times said it would cut 100 newsroom jobs through buy-outs or lay-offs in a bid to counter lost advertising revenue, following 100 job losses announced in 2008. In October the newspaper said on its website it had 1,250 editorial employees. [ID:nN19359809]
The company also cut salaries by 5 percent earlier this year.
The paper added that the New York Times Co informed non-union employees that it would stop contributions to their pensions at the end of the year. The company plans to instead contribute 3 percent of non-union employees’ salaries each year to their 401K plans.
The New York Times Co has experienced declines in advertising and mounting debt that have forced it to cut costs and sell assets.
Many publishers, including USA Today publisher Gannett Co Inc GCI.N, have had similar problems. (Reporting by Ajay Kamalakaran in Bangalore; Editing by Jon Loades-Carter)
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