Gannett Lays Off 700 Newspaper Employees
This is bad. Poynter just reported that Gannett is laying off 700 of its newspaper employees, which represents about two percent of the company’s workforce. In a memo to staffers, Gannett’s Bob Dickey, the head of its Publishing Division, explained that cost-cutting measures haven’t worked well enough, and that employees will be hearing about their future soon:
Publishers will notify people today and we will make every effort to reach everyone by end of day. It is important to note that these decisions do not reflect individual performance and we thank and respect those employees for their work.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
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