New York Times
said Wednesday it plans to cut about 190 employees at its flagship newspaper and at the New England Media Group, which includes
The Boston Globe
The staff reduction represents less than 2% of the company's total workforce. About two-thirds of the total reduction will occur at
The New York Times
newspaper, with fewer than two dozen of those jobs coming from the newsroom.
While the company said it expects to record a charge to earnings at some point related to the job cuts, it can't determine the amount at this time. Shares of New York Times were down 64 cents, or 2%, to $31.88.