Vantaggi
NYTimes is a good strong organization with a very healthy corporate backing. Working for the technology department at the NYTimes will not come with the risk of layoffs or downsizing any time soon. You also get to work with a prestigious organization at which you can make a difference in the world. Hours are very flexible, management does not dictate the hours each employee must work.
Svantaggi
Product Managers are cocky as hell and strive to take credit for all the good the engineer staff does. The reality is the Product team makes life a living hell for engineers at times. The NYTimes thinks they are a legitimate tech organization but have no clue how to be a tech org. They offer no competitive benefits or salaries and force engineering to work in the confounds of the legal team who decide most everything that can be done. Innovation is stifled and great ideas are held back. Additionally, because of the organization structure there is a strong propensity toward allowing horrible employees to stick around indefinitely. In particular if they are female or minority. While I myself enjoy the benefit of not having to worry about my job being at risk this makes life much more difficult as those who continuously screw up are given a free pass. Additionally, the NYTimes provides absolutely no career track for engineers other than management.