Division President Robert Dickey, in a letter to publishers and general managers, said the media company will begin an involuntary staff reduction of about 10 percent by the first week of December. Each publisher is responsible for developing a plan by mid-November to meet the 10 percent goal. Laid-off personnel will receive one week of severance for every year with the company, with a cap of 26 weeks.
Wednesday, October 29, 2008
News-Leader parent company to lay off more before end of year
No word yet on how this will affect the Springfield News-Leader, but the company that owns the newspaper, Gannett, will lay off more employees before the end of the year, according to a letter sent by Division President Robert Dickey to publishers and general managers:
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2 comments:
Its all over for magazines and newspapers. Internet has taken the business.
We get the National Geographic and Readers Digest and never take them out of the mailing sleeve. Straight to the trash can. No more magazine or newspaper renewals at this house.
Old news is worthless. NGraphic no longer has any appeal to us.
Naah, anonymous, I'm like Sarah Palin, I read 'em all.
You keep subscribing to crap, I'll read what I want online. I'll save a tree, and you can save your breath.
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