Despite move to smaller space, NOLA Media Group president Tim Williamson says 'no plans at this point' for further layoffs or buyouts
 

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NOLA Media Group (NMG), parent company of The Times-Picayune | NOLA.com, will be moving out of its home at the top of One Canal Place and into its own street-level building in the Warehouse District. Management notified employees of the move Tuesday morning, and the newspaper published a story about the move that afternoon.*

The company moved into the high-rise building amid much fanfare in December 2012 under the leadership of then-publisher Ricky Mathews, who had been chosen by Advance Media, owners of The Times-Picayune, to bring the paper into what was called the "digital transition."?