Gannett to Furlough U.S. Community Publishing Employees
NEW YORK In a cost-saving measure, the Gannett Co. will utilize furloughs for its U.S. Community Publishing employees in the first quarter of 2010.
In a memo first posted on Romenesko, Bob Dickey, president of U.S. Community Publishing, outlines the company’s plan. “This is not a companywide initiative though Corporate and some of Gannett’s other operations have also decided to put furloughs into place during the first quarter,” he notes. “No one on the Gannett Management Committee makes these decisions lightly and we understand and appreciate the difficulties furloughs have placed on many of you and your families.
“The furloughs we took companywide this year, however, saved Gannett a significant amount of money and helped us get through what has been unquestionably the toughest time we have ever faced as a company and division,” he continues.
Read the memo
here.
Source:
Nielsen Business Media
