Gannett: First-quarter Furloughs Just Announced; Unpaid Time Off Will be Fifth Big Round Since ’09

By: Gannett Blog

As expected, Gannett just announced another round of unpaid first-quarter furloughs for most of its employees, the fifth such round imposed on the workforce over the past three years.

This will be the fourth consecutive time they’ve fallen in the first quarter, suggesting the company is now locked in a cycle of early-year furloughs as it struggles to deal with continued revenue declines.

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