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.

2 comments:

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.