Gannett will put newsroom employees on unpaid “furloughs” for 1
week for each of the months of April, May and June if they are making more than
$38K a year.
Guess Gannett will let the taxpayers cough up the difference?
Executives will take a 25% pay cut.
Gannett paid 7 people $18 million in compensation last year,
including $4.5 million to its new CEO who oversaw the stock drop from $12 to
$1.76!
Unfortunately, the BJ is a Gannett newspaper . . . unless there’s
been yet another sale of the BJ.
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