Today Gannett is implementing a furlough program across all U.S. divisions and at corporate headquarters. This means that most of our U.S. employees - including myself and all other top executives - will be furloughed for the equivalent of one week in the first quarter. This furlough will be unpaid. Unions also will be asked to participate.Only about a month ago, the Seattle Times started this trend. The disturbing part of this all is, if it works, expect to see this cost-cutting measure replicated at newspapers throughout the country.
And honestly, it has to work.
2 comments:
Yep, scary times man...Scary times...
Indeed. My thoughts and prayers are with all my brothers and sisters in the field - and beyond - in these uncertain times.
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