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Furloughs Coming To A Kentucky Newspaper?

January 5th, 2011 by jake · 2 Comments

Gannett Co is forcing another one-week furlough for employees.

Check this from the Wall Street Journal:

Gannett Co. said all non-union employees in its U.S. community newspaper unit will be required to take a one-week furlough during the first quarter of the calendar year due to continuing revenue declines in that division.

Gannett executives said the unpaid time off is in response to revenues that remain short of where they were a year ago.

Does this mean we can expect more anger and frustration at Sixth & Broadway?

As much disdain as I personally have for a couple people at the paper, it’s frustrating for me to see friends and colleagues suffer a pay cut like that. It’s bad for journalism. Bad for our economy. Bad for our community in general.

Tags: Business · Economy · Gannett · Newspaper

2 responses so far ↓

  • 1 James R. // Jan 5, 2011 at 3:13 pm

    Typical Corporate America. Where are the Binghams when you need them?

  • 2 The Tim // Jan 5, 2011 at 9:51 pm

    I give the paper five more years, at the max, and it’s gone.