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The Athletic cuts nearly 20 jobs, 4% of newsroom for New York Times-owned sports site
The New York Times Co. bought The Athletic for $550 million in January 2022, marking one of the news company's largest-ever acquisitions. In a Monday statement to The Associated Press, New York Times Co. executive director of communications Jordan Cohen noted that the company had reorganized the sports site 'to cover the most compelling stories that matter to fans across all the teams in a given league daily.'
'As part of the reorganization, we made the difficult decision to eliminate a limited number (4 percent) of newsroom roles,' Cohen said. 'We will continue to invest in our editorial operation as we prioritize initiatives that help us achieve our strategy and expect The Athletic's newsroom to be larger at the end of this year than it was last year.'