"Between share repurchases and dividends alone, we have returned almost $230 million to shareholders this year."
Tuesday, October 23, 2012
Stock | And now, a message to Gannett's owners
4 comments:
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Paltry raises, job cuts looming andman underfunded pension. Shouldnt Gracia throw employees a bone?
ReplyDeleteWhat proportion of that 230 million was pulled straight out of employees' pockets via furloughs, layoffs and wage freezes. Whatever -- I'm sure that the C-suite will get fat bonuses for screwing the folks who actually do the work.
ReplyDeleteEach furlough saves approximately 30 to 40 million.
ReplyDeleteyes, there will be more furloughs and more layoffs coming. The amount depends on how much golf and how many junkets the executives want to fund out of the company trough while the rest of us suffer.
ReplyDelete