NY Times may lay off fewer than 26

The New York Times is preparing to lay off as many as 26 Guild members.

Thanks to a last-minute surge of buyout volunteers before the Dec. 7 deadline, fewer will have to be fired than was feared.

Late yesterday, the Newspaper Guild said that the Times had accepted 74 buyout applications, including 60 from the unionized ranks and another 14 from the non-union staff and management.

Click on the headline to read more in the New York Post.