This tip is now starting to gel. Here's where we are at 11:46 a.m. ET. A source who's been spot-in in the past told me today in an e-mail: "I know firsthand that the cuts are coming and are in the 10% to 12% range. I've heard secondhand from a controller at a site in the _____ Group that he/she is redoing the 2009 budget with additional cuts of 12%."
It's not clear whether all newspapers would be subject to this round, however. A top editor at one of Gannett's bigger papers told me today they had heard nothing about more cuts.
Yet, I understand some publishers are now assembling lists of employees targeted for layoff; such lists would go to regional group presidents for initial approval as soon as this Friday. Any layoffs could begin the first week of February, in time for savings that would be booked starting in Gannett's "Period 2" accounting cycle.
Earlier newspaper job cuts
- August: 1,000, including 600 layoffs
- September: about 100 production, IT and other directors
- December: 2,184, based on Gannett Blog field reports