Reports of widespread layoffs today include deep cuts on Gannett's accounting side, where a reader says as many as 13 controllers got pink slips. Their chain of command rises up the company's business side, run by Chief Financial Officer Gracia Martore (left), appointed in January 2003. Martore is now so powerful, some of my readers say she's become Gannett's de facto CEO.
Thursday, May 15, 2008
Is Gannett CFO Martore now eating her young?
Reports of widespread layoffs today include deep cuts on Gannett's accounting side, where a reader says as many as 13 controllers got pink slips. Their chain of command rises up the company's business side, run by Chief Financial Officer Gracia Martore (left), appointed in January 2003. Martore is now so powerful, some of my readers say she's become Gannett's de facto CEO.
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Jim says: "Proceed with caution; this is a free-for-all comment zone. I try to correct or clarify incorrect information. But I can't catch everything. Please keep your posts focused on Gannett and media-related subjects. Note that I occasionally review comments in advance, to reject inappropriate ones. And I ignore hostile posters, and recommend you do, too."
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