Gannett announces 700 job reduction across chain (UPDATED)
Skip to commentsSad news for Gannett employees.
Gannett said it would eliminate 700 jobs in its Community Publishing division, laying off 3 percent of its employees across newspapers like The Courier-Journal of Louisville, The Cincinnati Enquirer and The Indianapolis Star. The company’s flagship paper, USA Today, just went through a round of cuts last summer and will not be affected by the layoffs. Employees who lost their jobs were notified on Tuesday.
The layoffs come after “disappointing midyear advertising figures.”
Anyone know if this is affecting an editorial cartoonist? Message me (editor@dailycartoonist.com) if you know somebody.
UPDATE: Jim Romenesko points out that while 700 Gannett employees are getting little pink slips, Gannett CEO Craig Dubow received a “$1.25 million cash bonus and had his salary doubled.”
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