Text of Bob Dickey memo on 10% mass layoff

To: USCP Publishers & General Managers

As all of you are painfully aware, the fiscal crisis is deepening and the economy is getting worse. Gannett’s revenues continue to be severely impacted by this downturn, and our local operations are suffering. While we are doing our best to reduce all non staff-related expenses, I am sorry to report that we must do another round of layoffs across our division.

To that end, we will institute an involuntary staff reduction of approximately 10% by the first week of December. The terms of the severance will be one week for each year of service with a cap of 26 weeks.

Each publisher is responsible for developing their local plan to achieve the expected goal. Decisions will be made locally because each of our markets is unique, with differing market conditions and individual needs in light of our previous reductions.

I have asked that all plans be completed by Nov. 14 at which time they will go through the standard review process.

I fully understand this announcement will cause you concern but I felt that once a decision was made it should be communicated as quickly as possible.

While this is more bad news, it is a sign of Gannett’s determination to remain healthy and viable as a company during these turbulent economic times. We continue to be a leader in our industry, not only because of our fiscal strength but also because we have a plan to aggressively grow the company when the economy returns.

To that end, I encourage you to contact me with your thoughts and ideas. We need to grow revenue as well as continue to find efficiencies. I would appreciate your help and ideas on both fronts.

My e-mail address is rdickey@gannett.com. I promise you will be heard and receive a timely response.

I appreciate your understanding and commitment during these challenging times.

Thank you.

Please post your replies in the comments section, below. To e-mail confidentially, write gannettblog[at]gmail[dot-com]; see Tipsters Anonymous Policy in the green sidebar, upper right.

[Image: today’s Tallahassee Democrat, Newseum; it’s one of four Florida dailies, hard-hit by the real estate bust squeezing Gannett’s revenue and profits]

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: