Friday, December 18, 2009

Memos | A holiday note from the big boss

A reader forwards the following, which appears to be a holiday message from CEO Craig Dubow. Did anyone else get this? And do individual publishers and other top business unit executives send similar notes at this time of year?

December 17, 2009

Dear colleagues:

As we celebrate the holiday season, I want to take a moment to thank you for all of your tremendous work and support for Gannett in 2009.

It has been a difficult year on many fronts but we are closing out the year on a far more positive note than how it began. Our company is much stronger and better positioned, we are seeing encouraging signs that advertising is coming back and our revenue results so far in the fourth quarter are the best we have had all year. During the course of the year, in an extraordinarily challenging economy, we maintained a healthy level of profitability, moved our core media properties forward and continued to invest and build out our digital businesses. Not many companies have been able to achieve what we have this year and this is testament to your hard work, commitment and talent. I know it has not been easy and I greatly appreciate all that you have contributed and sacrificed during a very trying time.

We head into the new year with good momentum – but also with some caution and pragmatism about how the economy will perform in the early months of the year. Thanks to your efforts and the disciplined way we approached this year, Gannett is strong and able to continue moving ahead in what we hope will be a year of greater economic stability.

Thank you again for your good work. I wish you and your families a very happy and safe holiday season and the very best in the new year.

Sincerely,

Craig

Please post your replies in the comments section, below. To e-mail confidentially, write jimhopkins[at]gmail[dot-com]; see Tipsters Anonymous Policy in the green rail, upper right.

5 comments:

  1. I'd be full of holiday cheer too if I had an employer who regularly gave me lots of shares and yearly bonuses in the millions.

    For the rest of us, working for a company suffering from management failure pretty much feels like working for a company suffering from management failure.

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  2. Thanks, Craig and Gracia, for kicking so many talented, intelligent, hardworking, long-time, loyal people out the door during the past two years who didn't deserve it.

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  3. Translation: We don't know what the eff is going to happen. Assume crash positions, jic.

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  4. Craig serves up special holiday Kool-Aid to us in Westchester

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  5. Thus making the ones layed off feel so much better. Get your finances in order folks. Take the "it's not the matter of if, but when your next abuse will happen". Be ready. This company lost it's ability to keep the passive viewer or reader many moons ago. They lie to the ad buyers an convince them why (in this economy) they should buy exaggerated priced print and air time. It's just a matter of time before it catches up with them.

    In this season of giving, remember to be true to yourself, hug who you love, bless some person that may need it. It will come back to you.

    We got in the business for various reasons, but the business is far from the Cronkite days. It is now a joke. It's full of reporters that have to get a snot-nosed kid to appove their copy while they sit on their hands, or a news director that is afraid we might get sued or piss off city hall with the truth. What a shame!

    God bless you all and may He help you through this and make you stronger.

    Thanks again Jim, for all you do.

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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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