Gannett Lays off 700 Employees

By: Jeremy W. Peters | New York Times

Gannett confirmed on Tuesday what many newspaper publishers and employees across the country have feared since the recession officially ended two years ago: that the lagging economic recovery will force more downsizing.

Gannett said it would let go 700 people in its Community Publishing division, or 3 percent of its employees across newspapers like The Courier-Journal of Louisville, The Cincinnati Enquirer and The Indianapolis Star. The company’s flagship paper, USA Today, just went through a round of cuts last summer and will not be affected by the layoffs. Employees who lost their jobs were notified on Tuesday.

RSS
Follow by Email
Facebook
Facebook
Twitter
Visit Us
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *