NYT doesn't compete on pay on the tech side at all. They are stingy with raises once you're in as well so you need to negotiate hard when you're coming on.
Because of this turnover is high and they have a hard time filling vacant roles. A lot of knowledge ends up getting lost and people get overworked filling in for those roles (sometimes in perpetuity) for no additional compensation. They don't have to compete for editorial talent so they think they don't have to compete at all, but the truth is it's not a top tech company and they're going to have a hard time retaining any top talent in that area with the way they treat employees.
I don't think people expect them necessarily to be able to compete dollar for dollar with some of the biggest competition but they could certainly pay more than they do and do a lot more to make it worthwhile in other ways. Their other benefits don't even begin to make up for the gaps either. Engineers end up getting just as overworked as they would at a FAANG or startup, leadership is pretty bad and stupidly top heavy, many bosses are abusive, the healthcare is expensive, the vacation time is nothing to write home about, and the office politics are insane. Plus they're demanding everyone go back to in person work. Preaching "mission" at people can only take you so far.
Leadership is hit or miss - a lot of bad on the business and tech sides. Reorgs every few months, bad planning, creating lots of unnecessary work.