The Press story does not say how many jobs Gannett seeks to eliminate in total. That was one of several questions I asked chief company flack Tara Connell; I have yet to hear from her. The story, however, suggests the company is not targeting a fixed number of jobs -- but, instead, a dollar figure.
"As you all well know," Donovan said in a statement, quoted by the Press, "the economy continues to struggle and as a result our advertising revenues have fallen well short of expectations. While we have maintained tight control of our expenses, a further adjustment is necessary."
He warned that layoffs would be "necessary" if the papers don't meet "targeted expense reductions.'' The Press story does not detail which departments -- news, advertising, etc. -- are subject to the buyouts.
Donovan also is vice president of Gannett's East Newspaper Group, a promotion he got amid a round of executive changes last August. Today's offer went to employees over the age of 55, with 15 years' service at the Press; the Courier-Post at Cherry Hill; the Home News Tribune at East Brunswick; the Courier News in Bridgewater, and the Daily Journal in Vineland.
Questions for staffers offered a buyout: What's the deadline for applying? If your application is accepted, when must you leave your paper? Leave a note, in the comments section, below. Or use this link to e-mail your reply; see Tipsters Anonymous Policy in the green sidebar, upper right.
[Image: this morning's Courier-Post, one of the five papers hit by the buyouts, Newseum]