Bye, bye corporate jet! At long last, the beleaguered company is sacrificing top management's plaything, the ultimate status symbol. A long overdue cost saving mechanism in a time when the company's workers endure downsizing and cost reductions, even crowding themselves into smaller office space to save money.Mark Fitzgerald of Editor & Publisher slogged through the New York Times ‘ proxy statement (issued Wednesday) and discovered some fascinating  information. The company has put its corporate jet up for sale. During the Iowa caucuses, in a now legendary incident, New York Times reporters flew out of Des Moines late at night on the company plane, while their colleagues had to spend the night in cold, unglamorous Des Moines. It was the Twilight of the Sulzbergers, though. The New York Times is no longer a step above.Had Pinch Sulzberger foregone the use of the ultimate perk a year or more ago, the company could have fetched a good price.  In today's market,...(Read Full Post)