- How many will Gannett employ?
- Will you be one of them?
Sunday, January 04, 2009
New year's predictions: A year from now . . .
Gannett's official employee count is 46,100 -- the number of workers as of Dec. 31, 2007. One year from now:
8 comments:
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."
Note: Only a member of this blog may post a comment.
Subscribe to:
Post Comments (Atom)
Less then 40,000...somewhere between 37,500 and 39,200..Or until the greed ends
ReplyDeleteOne of the unforeseen disasters of the recent layoffs is that the good people who remain had a front row seat in seeing how some of the good people who left were treated. Some of the people who got laid off were top performers whether the company realized it or not. Their colleagues who remain knew how valuable some of those people were, and saw how randomly and ruthlessly they were let go. Gannett is going to lose far more people because no one with talent and ethics wants to be cast off the way some people were last month. They aren't going to wait until mid to late career, when it's tougher to find work... they are going to start looking now. I am still trying to figure out why it is Gannett wasn't more careful with who they laid off. The company could have avoided many unintended consequences if they would have been more prudent in choosing who was picked to lose their jobs. Things haven't been the same since those cuts, and I assume they are going to get far worse whether GCI forces people out, or good people just leave on their own because they don't want to be targeted as soon as they get a few gray hairs.
ReplyDelete10:22 I have to agree. I quit for a new job right after the layoffs with no severance. Then about 3 days after I announced my decision, another person announced that they were quitting. Whether we are "good people" or not is subjective, but I had no trouble finding a new job for more money in the worst economy in 60 years. I am sure others are looking for new places as well. One word Gannett, "foolish!"
ReplyDeleteI'd have to go along with the 'less than 40,000' prediction. And Gannett will get a real taste of the unwanted side of mass layoffs: A second wave of talented people go out the door on their own, having lost confidence in the company for which they worked.
ReplyDelete28,000 or fewer----but thousands of citizens journalists and lots of managers, thinkers and overseers at the corporate level.
ReplyDeleteI'm guessing around the 30,000 mark. The company is at a point where it's going to start eating itself soon. More cuts means less quality. Less quality means less readership. Less readership means less revenue. Less revenue means more cuts. Lather, rinse, and repeat.
ReplyDeleteLess than 30,000 sounds right.
ReplyDelete"Less, cut, reduce, downsize, and eliminate" are typical of the kinds of the actions that Gannett's CEO uses to manage the company.
ReplyDeleteBut my prediction for 2009: He will receive his Bonus for the year where the Board of Directors has continued to say that a bonus is based on performance.
That's real pay for performance!!