Business Wire (Free subscription) | yesterday
MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. (NYSE:GCI) today announced that it has commenced a cash tender offer for any and all of its outstanding Floating Rate Notes Due 2009 (CUSIP No. 364725AF8 (the
Talking Biz News (Free subscription) | yesterday
The Gannett Co., the largest owner of newspapers in the country, has begun laying off more than 1,500 employees around the country this week. Some of those employees are business reporters and business editors. For example, Cincinnati Enquirer business editor Carolyn Pione is now gone from the paper. I’ve also had unconfirmed rumors of a business [...]
The Turner Report (Free subscription) | yesterday
What a system we have in America. One thousand people lost their jobs in the latest purge at Gannett Co. so naturally that is looked on as a positive sign by those buying and selling stocks. The company's stock price improved 19 cents per share Wednesday to close at $8.87. Of course, that is a far cry from the $39.50 per share Gannett recorded within the past calendar year.
The Inquisitr (Free subscription) | yesterday
It looks like cuts are being made at most Gannett Co newspapers today, with more news of cuts coming through. For the earlier round, see Hundred of Newspaper Jobs Cut. The latest, via the Gannett Blog, a blog set up by a former Gannett employee to track the cuts: Des Moines Register has a net loss of [...]
Business Wire (Free subscription) | 03/12/2008
MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. (NYSE:GCI) will provide a live Webcast of its presentation by executive management at the UBS Global Media and Communications Conference at 10:00 a.m. (EST) on Wednesday,
The Philadelphia Business Journal (Free subscription) | 03/12/2008
Gannett Co. Inc. has cut 206 positions at six New Jersey newspapers, including some at its South Jersey paper the Courier-Post, the Courier-Post said Tuesday. (GCI)
Iowa Independent (Free subscription) | yesterday
The Iowa City Press-Citizen has cut six full-time and five part-time workers, the paper announced Thursday. The layoffs are in several departments including advertising, editorial, production, circulation and finance. Gannett Co., which owns the Press-Citizen, announced in October plans to cut 10 percent from its payroll at each of its 85 daily newspapers. Wednesday, the Gannett-owned...
The Opinion Mill (Free subscription) | yesterday
I think it would be fun to run a newspaper — Charles Foster Kane I think it would be fun to run a newspaper into the ground — Anonymous Gannett Co. executive Remember the old joke about how to get an ethnic set up with a small business? The answer: Give him a big business, and wait. I’ve [...]
The Inquisitr (Free subscription) | 03/12/2008
Hundreds of newspaper jobs have disappeared this week as media companies start to slash costs as the economic crisis continues to drive the newspaper death spiral. Gannett Co Newspapers were hardest hit in what is likely to be the first rounds of cuts, but other newspapers weren’t spared either. The biggest cut came to the Battle Creek [...]
The Business First of Louisville (Free subscription) | 03/12/2008
The Courier-Journal, Louisville’s daily newspaper, today cut 69 positions as a part of a broader strategy by parent company Gannett Co. Inc., to cut costs among its local newspapers.
Iowa Independent (Free subscription) | 02/12/2008
The latest round of job cuts have begun at The Des Moines Register, with sources inside the paper’s newsroom confirming at least six layoffs and one buyout so far. The names of those affected by the cuts have not yet been confirmed. A source said the layoffs will continue tomorrow. Gannett Co, which owns The Register and [...]
slacktivist (Free subscription) | yesterday
... 31 employees this week that their jobs would be eliminated in a companywide effort by the Gannett Co. to reduce payroll by 10 percent. In Delaware, a total of 44 jobs are being cut. Thirteen of the eliminated positions were open. Another three employees volunteered to leave. ... Payroll reductions were initiated this week across Gannett Co., the nation's largest newspaper publisher,...
Miami Herald (Free subscription) | 03/12/2008
... columnist with the Jackson newspaper.The announcement comes after the newspaper's parent company, Gannett Co. Inc., in October announced a 10 percent across-the-board work force reduction at its 84 daily newspapers. Other newspapers in the chain are also reducing their staffs this week. All Clarion-Ledger departments were affected by the reduction in force, which is effective immediately....
Seattle Times (Free subscription) | 03/12/2008
... columnist with the Jackson newspaper.The announcement comes after the newspaper's parent company, Gannett Co. Inc., in October announced a 10 percent across-the-board work force reduction at its 84 daily newspapers. Other newspapers in the chain are also reducing their staffs this week.All Clarion-Ledger departments were affected by the reduction in force, which is effective immediately....
San Fransisco Chronicle (Free subscription) | 03/12/2008
The Clarion-Ledger will cut 33 jobs, including 11 staff positions, through involuntary layoffs, severance offers and attrition. One of those being laid off is Orley Hood, a longtime feature writer and columnist with the Jackson newspaper.The announcement comes after the newspaper's parent company, Gannett Co. Inc., in October announced a 10 percent across-the-board work force reduction at its...
