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Gannett laying off 700 more workers amid ad slump
Washington Examiner ^
| June 21, 2011
Posted on 06/21/2011 1:53:26 PM PDT by Zakeet
The nation's largest newspaper publisher is laying off another 700 employees to cope with an unrelenting advertising slump.
Gannett, the owner of USA Today and more than 80 other daily U.S. newspapers, hoped to complete the cuts Tuesday. The layoffs are occurring at most Gannett newspapers but not at USA Today.
The payroll reductions represent 2 percent of Gannett's 32,600 employees. The division targeted in the cutbacks employs 22,400 people at newspapers that include The Indianapolis Star and The Arizona Republic.
(Excerpt) Read more at washingtonexaminer.com ...
TOPICS: Business/Economy; Front Page News; News/Current Events
KEYWORDS: employment; gannett; msm; newspaper
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1
posted on
06/21/2011 1:53:33 PM PDT
by
Zakeet
To: Zakeet
What goes around comes around.
2
posted on
06/21/2011 1:54:15 PM PDT
by
albie
To: abb
Ping to another bad day for our friends at Gan-Nay.
3
posted on
06/21/2011 1:54:39 PM PDT
by
Zakeet
(Obozo's just released birth certificate proves the Wee Wee was born in Hawaii - our 57th state)
To: Zakeet
A "slump" would imply it it coming back someday.
Not for you, Gannett.
4
posted on
06/21/2011 1:56:59 PM PDT
by
E. Pluribus Unum
(If Sarah Palin really was unelectable, state-run media would be begging the GOP to nominate her.)
To: Zakeet
The layoffs are Gannett Co.'s biggest in two years and are the latest austerity measures ...Austerity? That's for the worker bees but not for the elitist, lefty CEO ...
Maybe he can join the other losers on 0bama's "Job Council."
5
posted on
06/21/2011 2:02:14 PM PDT
by
oh8eleven
(RVN '67-'68)
To: Zakeet
Gannett laying off 700 more workers I wonder if the last few will resort to cannibalism in the office?
6
posted on
06/21/2011 2:03:13 PM PDT
by
Navy Patriot
(Holy flippin' crap, Sarah rocks the world!)
To: Zakeet
“As slump”? Hell, newpapers are nothing BUT ads and liberals opeds. There is no substance to them anymore.
7
posted on
06/21/2011 2:06:38 PM PDT
by
CodeToad
(Islam needs to be banned in the US and treated as a criminal enterprise.)
To: Zakeet
8
posted on
06/21/2011 2:07:04 PM PDT
by
MNDude
(so that's what they meant by Carter's second term)
To: albie
well this was unexpected!
9
posted on
06/21/2011 2:08:12 PM PDT
by
DaxtonBrown
(HARRY: Money Mob & Influence (See my Expose on Reid on amazon.com written by me!))
To: albie
Well, I know for a fact that their focus for the past 10 years was hiring for “diversity,” rather than hiring people who could write.
10
posted on
06/21/2011 2:10:51 PM PDT
by
duckworth
(Perhaps instant karma's going to get you. Perhaps not.)
To: albie
Well . . . Bye!
11
posted on
06/21/2011 2:13:19 PM PDT
by
LS
("Castles made of sand, fall in the sea . . . eventually." (Hendrix))
To: Zakeet
The local Gannett generipaper here in Indy is constantly advertising for employees.
They must be doing the “flush everybody over 50 and hire low wage newbies” thing.
To: Zakeet
Lean forward (bend over). Paging Krugman.
To: Zakeet
14
posted on
06/21/2011 2:16:47 PM PDT
by
abb
("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
To: duckworth
That explains why there are so many spelling and grammatical mistakes. Surprised articles aren’t written in ebonics.
To: Zakeet
Didn't USA Today endorse Obama (and his economic policies) back in 2008?
16
posted on
06/21/2011 2:21:18 PM PDT
by
Hoodat
(Yet in all these things we are more than conquerors through Him who loved us. - (Rom 8:37))
To: nascarnation
“The local Gannett generipaper here in Indy is constantly advertising for employees.
They must be doing the “flush everybody over 50 and hire low wage newbies” thing.”
___________________________________________________________
I think there is rapid turnover at the Star due to the fact that people have to work along side Matt Tully!
17
posted on
06/21/2011 2:22:56 PM PDT
by
TMA62
(Al Sharpton - The North Korea of race relations)
To: Zakeet
18
posted on
06/21/2011 2:28:26 PM PDT
by
StAnDeliver
(Hey you Gannett drones, are you better off than you were four years ago? How about four hours ago?)
To: Zakeet
If newspapers laid off the lies, propaganda and cheerleading for Marxism, they wouldn’t need to lay off employees.
Today, we’re seeing the worst, most execrable writing in the history of American print media.
19
posted on
06/21/2011 2:36:40 PM PDT
by
sergeantdave
(The democrat party is a seditious organization that must be outlawed)
To: Zakeet
Home and Change! Good luck finding a job.
20
posted on
06/21/2011 2:37:29 PM PDT
by
matt04
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