NYT Co. notes to its Boston, Worcester employees

We know this has been a long and painful process, and we deeply appreciate the focus and dedication that you have all displayed over the past several months. Janet will be visiting Boston tomorrow for an employee town hall meeting at 11 a.m. She will talk with employees and take your questions.

The Globe has significantly improved its financial footing by following the strategic plan it set out at the beginning of this year. All along, we explicitly recognized that a careful restructuring of the Globe was one possible route and, thanks to your hard work, that is precisely what has been done.

The comprehensive financial strategy you executed incorporated a series of measures to increase revenues and lower costs, including:
• Consolidating printing facilities, expected to save $18 million a year,
• Increasing prices on newsstand and home-delivered copies of the Globe,
• Reducing compensation for the Globe's managers and other nonunion employees,
• Restructuring the Globe’s labor contracts, which we are projecting will save $20 million in annual operating costs.

The great things you have accomplished both on the financial side and the editorial side of the Globe and Boston.com have solidified their positions as the leading media vehicles in the region. With these strategic steps, the Globe is on track to achieve substantial savings and is on a path to a more secure financial future.

For these initiatives to be successful it was necessary for the Globe’s readers, Boston.com’s users and the greater New England community to continue to embrace our products. They have responded with unwavering support of the Globe, its offerings and you.

We want to take this opportunity to express our gratitude to you for your many significant accomplishments under difficult circumstances. We applaud you for all that you have done and look forward to charting our future together.

Arthur & Janet

E-mail to T&G employees

The following note from Arthur Sulzberger and Janet Robinson was sent to all Worcester Telegram & Gazette employees on Wed. 10/14 at 5 p.m.

After careful consideration and analysis, we wish to tell you that we have terminated the process to explore the sale of The Boston Globe, Boston.com and related businesses, and they will remain within The New York Times Company.

We also want you to know that we continue to assess strategic alternatives for the Worcester Telegram & Gazette, and are determined to reach a conclusion quickly.

We know this has been a long and painful process, and we deeply appreciate the focus and dedication that you have all displayed over the past year. Through it all, the T&G keeps going and continues to provide award-winning, path-breaking journalism to your extraordinarily loyal readers, by constantly revitalizing your print and online offerings, and by placing your business on a more secure financial footing.

You are doing this by redesigning the paper, creating new targeted town weeklies, launching a new Direct Mail vehicle, T&G Direct and asking
customers to pay more for the newspaper. You are also doing this by redesigning your Web site and developing several enhanced community verticals.

All that you have accomplished is a stunning example of perseverance and dedication. You see evidence of this in the strong and consistent support that readers and users regularly express for the T&G throughout your communities. They know from long experience they you care deeply about what is happening in your area on everything from health care and education to economic development and the environment. You demonstrate that every day in your newspaper and Web site.

We want to take this opportunity to express our gratitude for your many significant accomplishments under difficult circumstances, and we will provide you with a full update as soon as possible.

Arthur & Janet