Gannett shrinks again
The downward spiral continues. On Wednesday, Gannett announced further cutbacks. The local impact has not yet been announced.
Gannett Co. Inc. will eliminate some 1,400 more jobs in the next few weeks, several news services have reported.
Bob Dickey, head of the company’s newspaper division, informed staff of the layoffs in a letter Wednesday. Most of the layoffs will come before July 9, he said.
The move follows a 10 percent cut at Gannett last year.
After two quarters of furloughs and two rounds of layoffs, reduction of space devoted to local news and op-ed, plus the physical downsizing of its product, the effect on the paper and its readers is likely to become permanent. The newspaper chain can explain away its shrinkage and protest “I was in the pool!” However, at a certain point, we fear it is true: size matters.
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