tag:blogger.com,1999:blog-8099437767970534324.post2270112543310701925..comments2023-11-05T06:26:51.316-05:00Comments on Gannett Blog: Google plans to boost employment 25% this yearJim Hopkinshttp://www.blogger.com/profile/16712746705871119746noreply@blogger.comBlogger28125tag:blogger.com,1999:blog-8099437767970534324.post-55132949059460489682011-01-31T04:09:09.053-05:002011-01-31T04:09:09.053-05:00Good to hear from Google that they increase employ...Good to hear from Google that they increase employment. For those who want to work in Google. This is your oppurtunity.cash advance californiahttp://www.nextpaydayonline.com/noreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-40681790178880155602011-01-26T20:58:24.093-05:002011-01-26T20:58:24.093-05:00The magic number is less than 25,000 at the end of...The magic number is less than 25,000 at the end of 2011. Bank on it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-53370430610990103682011-01-26T13:07:41.748-05:002011-01-26T13:07:41.748-05:00To see a preview of Gannett's apparent strateg...To see a preview of Gannett's apparent strategy, just review the history of Clear Channel Communications. <br /><br />The largest owner of radio stations in the U.S. slashed local staffs, substituted syndicated content -- and prospered. The lesson: If you cut costs enough, even a reduced media footprint can make you good money.<br /><br />But CC Media Holdings got caught up in debt problems, Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-73844747280612232492011-01-26T13:00:14.698-05:002011-01-26T13:00:14.698-05:00I can see Demand Media buying Gannett, but why on ...I can see Demand Media buying Gannett, but why on earth would Google be interested. Google has made its money from selling ads on its search engine results, a simple idea. Why buy GCI or any other content-producer? It is making a mint out of what it is doing, and doesn't need newspapers. If it wants to get into content, it also has the money to do it itself.<br />Demand Media, on the other Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-18716571784834676072011-01-26T12:50:54.355-05:002011-01-26T12:50:54.355-05:00MyBoss, any word on USAT furloughs/pay cut/lay off...MyBoss, any word on USAT furloughs/pay cut/lay offs?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-62745057591937745642011-01-26T12:38:00.516-05:002011-01-26T12:38:00.516-05:0011:06 I don't believe Google wants to get into...11:06 I don't believe Google wants to get into content production. It's in the content-hosting business only.Jim Hopkinshttps://www.blogger.com/profile/16712746705871119746noreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-86922458872097020282011-01-26T11:06:23.994-05:002011-01-26T11:06:23.994-05:00What if Google buys Gannett? Didja ever think of t...What if Google buys Gannett? Didja ever think of that? Some in the investing community HAVE thought about it, though for some reason McClatchy is the Google acquisition target more often named. Discuss amongst yourselves. But don't unreasoningly discard it out of hand just because you dislike Gannett. The market neither knows nor cares about your feelings. Or mine.<br /><br />A case can be Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-80638714064506108432011-01-26T10:44:51.746-05:002011-01-26T10:44:51.746-05:00Demand Media just went public today on the stock e...Demand Media just went public today on the stock exchange, and is selling for $26 a share, or 34 percent over the initial $17 offer. That tells you investors believe there is money to be made out there peddling timeless stories bought for $15 each.<br />The question I have is GCI has a whole archive filled with timeless stories. Surely these could be mined for something? Demand has to buy its Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-34847756480275857642011-01-26T09:24:55.705-05:002011-01-26T09:24:55.705-05:00If you buy Demand Media products, you don't ne...If you buy Demand Media products, you don't need as many reporters. It makes little difference to stupid readers who just look at papers but don't read them. Content is overrated.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-45047256537174720002011-01-26T09:14:17.025-05:002011-01-26T09:14:17.025-05:00Wow. 27,500 means a larger reduction than previous...Wow. 27,500 means a larger reduction than previously outlined. With the expected decline in revenues, how are they going to possibly justify this? Also, broadcast has already taken a huge hit, and about the only way I can see how further reductions can be made is to run TV operations from newspaper newsrooms.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-7739400633703823272011-01-26T09:08:48.486-05:002011-01-26T09:08:48.486-05:00P.S. If you want to see the effect of no CDO, look...P.S. If you want to see the effect of no CDO, look at the various Web sites, and compare them to the NYT or WSJ. We are losing ground, and losing ground fast. The Web is the future.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-34241593042287300712011-01-26T09:06:44.833-05:002011-01-26T09:06:44.833-05:00If My Boss is correct, and the plan for a new chie...If My Boss is correct, and the plan for a new chief digital officer are shelved, it is worse than sad. It is an outrage. The board of directors have made it clear they want the new CDO to be groomed to be the next director of the company, so Gracia is doing everything she can to sabotage the selection. The board of directors need to see through this, and force a decision. Gracia is just trying toAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-16312935073605740932011-01-26T08:23:11.558-05:002011-01-26T08:23:11.558-05:00IMO, stock buyback plans don't produce immedia...IMO, stock buyback plans don't produce immediate results for GCI, or for other companies. The incentives are so rich for executives to cash out their stock options when the stock goes up, that buyout plans are very common. But they don't work to boost stock prices as well as raising the dividend. That's because while buybacks may be announced, they are often not completely carried Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-88200930152706190812011-01-25T23:38:50.936-05:002011-01-25T23:38:50.936-05:0011:28 wrote: "Jim you should see if any (how ...11:28 wrote: "Jim you should see if any (how many and who) sold shares between the time that the buyback was announced and occurred and when the stock crashed." By "any," do you mean any senior executives?<br /><br />Also: "Jim, the more I think about this aspect, it really has been the catalyst for all of the sweeping cuts we've seen." Absolutely agreed on this.Jim Hopkinshttps://www.blogger.com/profile/16712746705871119746noreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-68374998164091631462011-01-25T23:33:44.866-05:002011-01-25T23:33:44.866-05:00Just a guess on CSS: Center for Shared Services (a...Just a guess on CSS: Center for Shared Services (accounting)?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-4709414688944015682011-01-25T23:29:03.939-05:002011-01-25T23:29:03.939-05:00If today's USCP had to operate in the 1900s an...If today's USCP had to operate in the 1900s and compete against multiple newspapers in each market, would it have better results? I suspect not.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-42075943837781337672011-01-25T23:28:41.552-05:002011-01-25T23:28:41.552-05:00Most of these concerns would not be as big of an i...Most of these concerns would not be as big of an issue had the CEO not borrowed billions to buy overpriced stock. Doesn't that seem silly to borrow money you don't have on hand to buy stock? It's one thing if a company has the cash on hand like Apple to buy back the shares (rewarding investors) and it's another if they borrow the money. Logic concludes that this type of financial Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-62427886976884491022011-01-25T23:06:20.497-05:002011-01-25T23:06:20.497-05:0010:31 CSS? And MOUSE?10:31 CSS? And MOUSE?Jim Hopkinshttps://www.blogger.com/profile/16712746705871119746noreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-35167355030051743692011-01-25T22:47:27.265-05:002011-01-25T22:47:27.265-05:00It is time to quit dwelling on the past, & tim...It is time to quit dwelling on the past, & time to apply ourselves to getting one of those Google jobs! C'mon, let's show what we're made of!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-35884590762237456892011-01-25T22:31:40.578-05:002011-01-25T22:31:40.578-05:00Personally, I hope I'm not here by the end of ...Personally, I hope I'm not here by the end of 2011. It's not that I'm badly paid or badly treated. But there are few opportunities left for change or advancement. The quality of the "reporting" has declined to such a point that it's embarrassing. Customer service is non-existent, and the GPC and COE and CSS and MOUSE are only making it worse. The company is top heavy. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-38423886181511702462011-01-25T22:28:00.834-05:002011-01-25T22:28:00.834-05:009:38 Your figures sound realistic. I continue to b...9:38 Your figures sound realistic. I continue to be puzzled by that Associated Press story suggesting USCP employment had fallen by nearly 8,000 last year.Jim Hopkinshttps://www.blogger.com/profile/16712746705871119746noreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-38517364668650854022011-01-25T21:43:30.224-05:002011-01-25T21:43:30.224-05:00Yep, there are still reporters. Always need them, ...Yep, there are still reporters. Always need them, but not as many as there are now.<br /><br />Look around the newsrooms. There were a lot more reporters than there are now.<br /><br />Fewer will be needed because there will be more canned content and smaller news holes. <br /><br />What's going on in New Jersey today could be coming to other regions/newspapers tomorrow.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-83587613631840289652011-01-25T21:38:03.835-05:002011-01-25T21:38:03.835-05:00Jim,
I think My Boss is correct. In 2009, Gannett ...Jim,<br />I think My Boss is correct. In 2009, Gannett ended with 35,000. You will shortly see in the annual report that the company is down to 31,000. It is not unrealistic for the company to end 2011 down an additional 3,500.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-73448127343016041762011-01-25T21:13:22.528-05:002011-01-25T21:13:22.528-05:00I won't be working for Gannett after this summ...I won't be working for Gannett after this summer. I am currently planning my escape.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-60480379748129789782011-01-25T20:47:33.929-05:002011-01-25T20:47:33.929-05:00So are the USCP layoffs going to be in addition to...So are the USCP layoffs going to be in addition to all the design/copy editing layoffs during the transition to the Design Centers? If so, who's going to be left? It's already down to mostly reporters, editors and photographers. Guess advertising and production will be on the hook again too.Anonymousnoreply@blogger.com