Gannett Cuts 700 Jobs
Posted on June 23, 2011Gannett is cutting 700 newspaper division employees according to a memo from Gannett US Community Publishing division president Bob Dickey to newspaper employees. The cuts amount to 2% of Gannett's total workforce at its U.S. community newspapers.
Paid Content reports that USA Today is not impacted by the 700 job cuts, but it could face cuts in the future if advertising does not pick up.
The Wall Street Journal's report on the Gannett layoffs includes a graph that shows the shrinking headcount at the company since 2006. There were nearly 50,000 employees at Gannett in 2006 and about 32,600 at the end of 2010.