An independent journal about the Gannett Co. and the news industry's digital transition
There must be more on layoff news.Is no one talking about it?The revenues are still way down,nothing magic is happening to change that fact.Gannett cannot operate with the same expense overhead ,yet with revenues that continue a downward trend of 10% across the board.No business could.The cost of doing business has risen in many facets,and including the Obama policys and regulations.Revenues must grow just to stay even.
To Reply to 11:59, maybe they can close Westchester which is having an awful year.They can sure save a lot of $$$ there especially for these overpaid executives there.The Journal News IS NOT signicant any longer.
Regarding Westchester, I left there earlier this year on my own - I am sure gald that I did.The place is going down - The NIBT was around $584,000 when I left - way below budget and last year. The Buliding which has 4 floors and used to have 1800 employees plus is now down to around 325; They plan to move out ( that is whoever still remains. It was such a despressing place to work in.Management - both local, East and Group have ruined the place. Folks like Don Lemire, Tom Donovan, and Tony Simmons have really cut so much out of the place and have mismanged the entire operation. All 3 should be fired.Good Luck to who ever will be left at Westchester.
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Enough of this A**Hole stuff.But there are menagers.VP's who are really messing up this company. They are cutting way too much cost and revenue is not growing.My wife works on Wall Street and she has informed me that the worst type of stock you can now own in Publishing Stock ( Gannett, NY Times) - so folks, please watch your 401K's stc.
The only plus of taking Gannett stock in your 401(k) is Gannett matches it.
Pretty sure the internet isn't big enough if we want to start listing all the people we think are assholes.Someone at work thinks I'm an asshole too - but she's married to me.
Here's an interesting take on Groupon and its 600 "competitors."How many Groupon rivals? Try 600 With few barriers to entry, daily deals market sees huge churn http://www.msnbc.msn.com/id/44261461/ns/business-retail/
Honey? Is that you? ;) Get milk on your way home.
8:46 AM, you are a one-trick pony. Booooooring.
Anyone know if phoenix has been put back on the ad production consolidation list yet? They are the last to go.
@ 4:40 I hear there have been a lot of closed door meetings. Be prepared! Start your plan b!
Don't worry too much about closed door meetings. Gannett is famous for them. This is because the company's managers are afraid of everything and everybody. They're afraid of their bosses and they're afraid of the people who work for them. Yell "boo" and watch for the puddle on the floor. What miserable lives they must lead.
For the East Coast Gannetteers dealing with Irene, good luck. Be safe.
@5:21: So true and funny! I needed a laugh, thanks!
9:26 am, the Journal News was never a paper of any importance. Too many lifers there who only covered meetings night after night. Those who were any good used TJN as a stepping stone to a major metro. Hey, anyone else been hearing the imfamous Caren on the newsradio stations lately for the county health dept?
It's an open secret that the Enquirer has long been soft on the right wing. (Example: Charles "Lincoln Savings" Keating, Robert "DUI Viagra" Mecklenborg). Bow we see their co-located Community Press whitewash a story with a fascist undercurrent.A Catholic school in suburban Cincinnati was ordered -- by the archbishop of Cincinnati himself -- not to conduct a Ramadan dinner on campus. The Cincinnati archdiocese was carpet-bombed with anti-Muslim messages that the Community Press only said "were emotionally charged". Even money those messages came from right-wing and anti-Muslim groups ... something that the Community Press and the Enquirer won't dare bring up.
Your 401k match comes in as Gannett stock. You can move it as soon as it hits the account. $50 in stock can quickly be moved into a better account before it loses its value. I taught many an employee how to move their money from stock to another account.
7:33 - can you easily explain that process for those of us that dont know how?
Anyone catch Al Neuharth's column today? Anyone guess what salient piece of information he chose to omit?http://www.usatoday.com/news/opinion/forum/story/2011-08-25/At-Ohio-State-and-Miami-bosses-should-fess-up/50137858/1
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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