Citing Weak Economy, Gannett Turns To Job Cuts, Furloughs

With the economy looking a bit weaker than it was at the start of the year, Gannett has returned to layoffs at its 80 U.S. community newspapers. The publisher will cut 2 percent of its workforce, or roughly 700 jobs.

Gannett flagship USA Today, which is not part of the community publishing division, is not affected by this announcement. But unless the print ad picture turns around, it too could find itself hit with more reductions. On top of the 700 job cuts, Gannett will once again use mandatory unpaid furloughs for executives over a certain pay level to save money in the face of a soft national and local advertising.