The Gannett Company, the nation’s largest newspaper publisher, said on Wednesday that it would force thousands of its employees to take a week off without pay in an effort to avoid layoffs. Gannett, which owns 85 daily newspapers across the United States including its flagship USA Today, said it could not say exactly how many people would be required to take time off, or how much money the company would save. But it said it would require unpaid leave for most of its 31,000 employees in this country. Also on Wednesday, USA Today notified its staff of a one-year pay freeze for all employees. ‘Most of our U.S. employees – including myself and all other top executives – will be furloughed for the equivalent of one week in the first quarter, Craig A. Dubow, the chairman, president and chief executive, wrote in a memorandum to employees. ‘We sincerely hope this minimizes the need for any layoffs going forward, he added. The company cannot impose the measure unilaterally on employees covered by a union contract, but Mr. Dubow said Gannett was asking unions to participate voluntarily. Tara Connell, a company spokeswoman, said about 12 percent of […]
Thursday, January 15th, 2009
Gannett to Furlough Workers for Week
Author: RICHARD PEREZ-PENA
Source: The New York Times
Publication Date: 15-Jan-09
Link: Gannett to Furlough Workers for Week
Source: The New York Times
Publication Date: 15-Jan-09
Link: Gannett to Furlough Workers for Week
Stephan: Another sad chapter in a very sad trend - the demise of the print newspaper. This holds profound implications for communities across America. Newspapers have traditionally been the place to announce everything from weddings to arrests, from shoe sales to girl scout gatherings, hundreds of little social functions that collectively clue a community together, all in one place. Now these little announcements and messages will have to find new homes, and we will have to get used to seeing them there.