Gannett Cuts 120 Jobs At Six New Jersey Newspapers

Posted Wednesday, August 20, 2008 12:00 am

By: Joe Strupp Gannett Co. Inc. cut 120 full- and part-time jobs at its six New Jersey newspapers Tuesday, citing "deteriorating business conditions."

A story in the chain's Asbury Park Press of Neptune revealed that the cuts were spread across that paper, as well as the Courier-Post in Cherry Hill, the Home News Tribune in East Brunswick, the Courier News in Bridgewater, the Daily Record in Parsippany and the Daily Journal in Vineland.

"Business conditions continue to deteriorate for our customers and, as a result, advertising revenues have not stabilized,'' Thomas M. Donovan, president and publisher of Press and vice president of Gannett's East Newspaper Group, said in a story. "We have worked hard through the first half of this year to maintain tight expense controls. Unfortunately, economic conditions have grown worse, forcing us to cut expenses further.''

The company did not breakdown the number of jobs lost at each paper. The Press added that "employees who lost their jobs were provided severance pay based on their years of service to the company."

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Gannett Cuts 120 Jobs At Six New Jersey Newspapers

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