- Maalox moment: We wondered whether Gannett would ever raise its mileage reimbursement rates to anything close to reality.
- Adios: Ratcheting up pressure on the newspaper division, chief Bob Dickey reorganized two powerful women right out of their jobs.
- Heading south: Gannett's shares plunged to $21.79, and the company's market value fell below $5 billion.
Monday, June 30, 2008
Monday Recap: It's a transformative reorganization!
Posts you might have missed last week while we chose the worst of Gannett's six CEOs:
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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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