Thursday, September 24, 2020

News Corp to shift printing

 

News Corp plans to shift the printing of several of its publications in New York to a different facility in the city.

Under the change, the publications would be printed at The New York Times’ College Point plant in Queens. This plan would result in the closure of the company’s Bronx Print Plant, where the publications are currently printed.

Financial details of the arrangement were not released. The company is negotiating with unions representing workers at the Bronx plant.

The move may mean up to 400 layoffs, according to the New York Post. The change may not happen until early next year, says the Post.

The Bronx plant produces daily print copies of the Journal and The Post, along with Barron’s weekly. All three are also printed in a number of other locations around the country. The Journal and The New York Times are currently printed together at plants in Florida, Pennsylvania, Texas, Illinois, Colorado, Utah and California.

News Corp will be examining options for the future of the plant.

The decision is part of News Corp’s ongoing process of simplifying the structure of the company, which sold its News America Marketing and Unruly businesses within the past year.

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