tag:blogger.com,1999:blog-8099437767970534324.post5078215059270604801..comments2023-11-05T06:26:51.316-05:00Comments on Gannett Blog: Layoff memo: 'We need to align our costs with the current revenue trends to grow our business'Jim Hopkinshttp://www.blogger.com/profile/16712746705871119746noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-8099437767970534324.post-70028960470422461482013-08-01T16:54:16.268-04:002013-08-01T16:54:16.268-04:00Unfortunately a lot of companies are following the...Unfortunately a lot of companies are following the trend of the dreaded Times Picayune. Fire the older, higher paid, long time employees and hire young punks out of college for peanuts. At least at Gannett they aren't making you stay a few weeks to train your replacement. Makes me sick! Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-29666863678922716792013-08-01T16:11:47.913-04:002013-08-01T16:11:47.913-04:00here is the "layoff" formula !
age (ol...here is the "layoff" formula ! <br />age (older means higher pay) <br />age (more medical expenses since gannett is self insured).<br />younger (lower pay less medical cost exposure)<br />performance ( doesn't matter)<br />its all about making the budget !!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-88762410572888023842013-08-01T15:38:27.467-04:002013-08-01T15:38:27.467-04:00My guess is it will start falling tomorrow. That ...My guess is it will start falling tomorrow. That always seems to be the case.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-60758240570982062532013-08-01T15:36:17.838-04:002013-08-01T15:36:17.838-04:00Hey! Wall Street loves this! Revenue falling so cu...Hey! Wall Street loves this! Revenue falling so cut cut cut! GCI shares up 1.34% Value of top execs shares and options going up! Yay!<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-37732521247263555052013-08-01T15:17:25.209-04:002013-08-01T15:17:25.209-04:00The same old rhetoric they roll out every time the...The same old rhetoric they roll out every time they do a layoff. Cold. Oh, and they used the wrong affect/effect in the very first line item. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-54951271605722823002013-08-01T15:14:35.813-04:002013-08-01T15:14:35.813-04:00What a joke. They want you to believe this company...What a joke. They want you to believe this company is operating in the red. It's not! Never has. USA Today loss millions in the early years, but that was the worst of it.<br /><br />They also want you to believe that layoffs are executed fairly and with great thought. They are not! They are based almost entirely on age (which is often tied to salary). In certain case, dismissals might even beAnonymousnoreply@blogger.com