From the FAQ that U.S. newspaper division President Bob Dickey distributed yesterday with his memo announcing furloughs:
Q. Will there be layoffs this year?
A. We want to avoid future layoffs and hope that we can do so by taking steps now to control expenses and focus on top line growth.
Q. Will there be another furlough in Q2?
A. Our hope is that future furloughs will not be necessary but business conditions combined with economic trends will be the major factors as we continue to assess this market. No decision on this can be made at this time.
Read the entire 18-question FAQ.