→2011→02→03→Newspaper industry→Gannett Execs get millions; journalists shown the door
Newspaper industry

Gannett Execs get millions; journalists shown the door

1 minute 3 comments

Rob Tornoe notes:

In addition, Gannett continued their furlough strategy for the first quarter of this year, forcing all non-union employees to take a week off without pay. Meanwhile, Gannett’s board of directors will likely pay top executives millions of dollars in bonuses this year, in part for making employees take furloughs.

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Comments 3

  1. A newspaper is a cash cow…however the managers milk it ….is irrelevant to the employees, their readers and their country.
    Good Luck America!

  2. Same thing happening in just about every other industry in the US. Corporate leaders no longer care about producing a product, just about what they can get for themselves. Although the corporations deny it, there’s an immorality about robbing people of their livelihood in order to have more for yourself.

  3. That’s what happens when any product is corporatized. I don’t see how those execs earned their keep to be honest.

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