"I will miss reading your Gannett Blog once you discontinue it. It's one of the few blogs out there that reflect professional journalistic principles.
Its content has been a solid resource
for me as I cover this company."
-- A confidential note 12 days ago, amid rumors of pending layoffs.
And now we know why Wall Street is doing so well.
ReplyDeleteThe best analysts do "channel checks" on their own to independently verify the rosy outlooks that companies feed them. Normally it's the sales channel that they check. Gannett Blog would be part of a "culture check." Gannett is so secretive about its governance practices that people need secondary sources to learn about such things as mass layoffs, improper funneling of company scholarship money, and CEO butt-aches.
ReplyDeleteI believe this is a reason that Corporate doesn't like you guys coming here. You are all the source of information on this blog, after all. The power of the people!
ReplyDeleteThis Wall Street dude must be a real idiot.
ReplyDelete