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July 01, 2009

Gannett to Cut Another 1,400 Newspaper Jobs

Gannett plans to let go another 1,400 employees at its U.S. newspaper division, with most of the layoffs taking place on July 9. The cuts represent about 3 percent of Gannett's total workforce.

The planned job reductions were announced in a memo to employees this week by Bob Dickey, who heads Gannett's U.S. Community Publishing division. "
Unfortunately, we must take these steps because the advertising environment remains challenged. There have been some promising signs of a recovery, but the reality is the improvements are not broad-based and the economy continues to be fragile," Dickey wrote.

Read more at Editor & Publisher.

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