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Gannett to Fire 10% of Local Newsies




By EmploymentCrossing.com

EmploymentCrossing.com

 

McLean, Virginia’s, Gannett, publisher of USA Today and 84 other daily newspapers, plans to cut about 10% of jobs -- or 3,000 positions -- at its local papers, Reuters reports.

 

The news comes amid declining circulations and advertising revenues throughout the newspaper industry.

 

"Gannett's revenues continue to be severely impacted by this downturn, and our local operations are suffering," Robert Dickey, Gannett's Newspaper Division president, wrote to employees.

 

"While this is more bad news, it is a sign of Gannett's determination to remain healthy and viable as a company during these turbulent economic times."

 

Workers at USA Today are not expected to be affected.

 

This news comes the same week as The Christian Science Monitor’s announcement that it will cease daily print operations in favor of an online presence.

 

Gannett, the nation’s largest newspaper publisher, had previously announced that it would eliminate 1,000 newspaper jobs in August.

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