Tuesday, March 31, 2020

Gannett Furloughs Workers When Readers Facing The COVID-19 Pandemic Need Them. (Forbes)

Andrew Pentazz's speadsheet of GANNETT layoffs lists two at the St. Augustine Record -- reporters assigned to cover crime and features.

From Forbes:

EDITORS' PICK|609 views|10:06pm EDT

Gannett Furloughs Workers When Readers Facing The COVID-19 Pandemic Need Them

Jonathan Berr
Gannett, whose papers include The USA TodayArizona RepublicThe Detroit NewsThe Des Moines Register, and The Burlington Free Press, today announced that employees would face pay cuts and furloughs as advertising revenue dried up in the wake of the COVID-19 pandemic.
According to The Daily Beast, Gannett CEO Paul Bascobert said in an email sent Monday to staff that employees need to make a "collective sacrifice" to keep the company afloat during the crisis. Pay cuts will begin as soon as this week. The Daily Beastquotes Bascobert as writing.
To avoid layoffs, Gannett employees will be furloughed five days a month through June. Top managers also will feel the pain. Bascobert won't take an annual salary while other Gannett executives will receive a 25 percent pay cut for the duration of the furloughs. A spokesperson for Gannett didn't respond to a request for comment.
Even without the pandemic, Gannett had plenty of challenges the declines in their legacy print businesses show no sign of endings.. The company sold itself last year to private-equity backed New Media Investments, the parent of GateHouse Newspapers, for $1.1 billion. The new company kept the Gannett name and publishes about 30 percent of all U.S. newspapers.
Today In: Media
The Virginia company's situation isn't unique in the beleaguered news business. 
According to Washington Post Media Columnist Erik Wemple, news organizations in about a half-dozen states and The District of Columbia are laying off workers and cutting worker's pay because of the pandemic 

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