Gannett lays off journalists after dismal second-quarter results


Gannett, the nation’s largest newspaper chain with more than 250 papers, executed a round of layoffs Friday, a week after the company announced its second-quarter results: a loss of $54 million on revenues of $749 million.

That same day, Gannett Media president Maribel Perez Wadsworth told staff in an email that the company would make “necessary but painful reductions to staffing” and eliminate certain open positions.

Those layoffs began Friday, and it remains unclear exactly how many people were let go.

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