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Gannett Says It Will Lay Off 1,400; Digital Properies Largely Spared
Thursday, July 2, 2009A day after saying that job cuts were imminent, Gannett (NYSE: GCI) said it would begin laying off 1,400 employees—3 percent of its workforce—as advertising revenues continue to drop, AP reported. The jobs cuts are coming quickly and are expected to done by July 9. It’s still not clear whether Gannett flagship USA Today will be affected. The cuts are focused on the 80 papers in the U.S. ...
Original article from http://feedproxy.google.com/~r/pcorg/~3/qhOX4e0sa9U/419-gannett-says-it-will-lay-off-1400-digital-properies-largely-spared
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