The New York Times is shuttering the Paris headquarters of its international edition and eliminating or relocating as many as 70 jobs as the US publisher looks to cut costs and refocus its global newspaper for digital readers.
Paris has been the home of Times’s international operations since 1967 when it bought a stake in the International Herald Tribune, a title which reflected America’s enduring romance with the city, dating back to its 1887 founding as the European edition of the New York Herald, writes Shannon Bond in New York.
The New York Times jointly owned the International Herald Tribune with the Washington Post before taking full ownership in 2003, renaming it the International New York Times in 2013.
The decision to move editing and pre-press print production to New York and Hong Kong is part of sweeping plans to redesign the international edition “to make it better, more relevant and crucially, more economically sustainable in an increasingly digital world,” the paper’s leadership wrote in a memo to staff on Tuesday.
“Without these proposed changes, we do not believe that an international print New York Times is sustainable over the long term,” wrote New York Times publisher Arthur Sulzberger Jr, chief executive Mark Thompson and executive editor Dean Baquet.