About.com Gets Hit With Staff, Freelancer Pay Cuts

About.com, part of The New York Times -- which isn't having a jolly financial time, as I've mentioned -- is cutting just under ten percent of its staff. That's quickly becoming an old story for media companies. However, apparently About is also cutting the pay for its guides, the people that create the content. Page view rates will supposedly drop by 7.5 percent and the monthly guarantee goes from $725 to $675. Given that the money didn't seem that great in the first place, I wouldn't be surprised to see another wave of "help wanted" postings by the site.