Medary.com

The New York Times fires 500 people:

The cutbacks will include about 250 positions at The New York Times Media Group, including the 45 newsroom jobs at the Times newspaper. Other properties in that group include the International Herald Tribune and NYTimes.com. Specific reductions for those properties were not revealed.

At the New England Media Group, some 160 positions, including those at the Globe, will be lost. Other outlets within that division are the Worcester Telegram & Gazette and Boston.com. Another 80 job cuts will be spread across the company's regional newspapers, broadcast outlets, and corporate staff, Mathis said, but did not offer specifics.

Any chance that the remaining reporters won't be stuck on stupid? Then again, this is the New York Times we're talking about . . .