Now Gannett Is Offering Buyouts

Gannett is offering buyouts to anyone in its Community Publishing division who is over 56 with 20 years of service at the company, according to a memo posted by Jim Romenesko.

As a reminder of how huge Gannett is, that applies to 785 people, but Gannett is going to accept “only” up to 665 employees, split among Gannett’s properties. For example, at the Asbury Park (NJ) Press, up to 47 people can take the buyout, while at Florida Today (in Brevard County, Fla.)

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