Asked by Suzanna Mondragon on Jul 20, 2024
Verified
Due to its digital transformation the New York Times had to reduce employee headcount.
Digital Transformation
The business strategy that leverages IT to dramatically improve employee, customer, and business partner relationships; support continuous improvement in business operations and business processes; and develop new business models and businesses.
- Recognize the impact of digital transformation on business models and revenue streams.
Verified Answer
AV
Aldair VillanuevaJul 26, 2024
Final Answer :
False
Explanation :
The New York Times has been expanding its digital presence and offerings, but this transformation has not necessarily led to a reduction in employee headcount. Instead, the company has been hiring for digital roles and expanding its workforce in areas such as digital journalism, product development, and digital marketing.
Learning Objectives
- Recognize the impact of digital transformation on business models and revenue streams.
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