Gannett, owner of USA TODAY and 109 local news properties, will undergo a corporate restructuring that will result in the elimination of “less than 1%” of employees.
Citing “difficult headwinds” related to print advertising as troublesome for the company, President and CEO Robert Dickey announced the plans Wednesday.
The reductions at Gannett could result in about 210 jobs lost across the company, including at its headquarters in McLean, Va. Cuts were to begin Wednesday and are expected to be completed by Sept. 15, Dickey said. “No one on the Gannett management team takes these decisions lightly,” he said.
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Read the full article at: https://www.usatoday.com/story/money/2017/09/06/gannett-restructuring-result-1-staff-reduction/638069001/