Thursday, January 15, 2009

The answer?

Godspeed, Gannett.

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.


Librachick said...

Yep, scary times man...Scary times...

blackink said...

Indeed. My thoughts and prayers are with all my brothers and sisters in the field - and beyond - in these uncertain times.