10% cut: Thousands face buyout deadline today

Part of an occasional series on how Gannett newspapers are preparing for an unprecedented layoff in early December.

Today’s the deadline for many of Gannett’s 30,000 newspaper employees to express interest in being voluntarily laid off early next month, as Corporate draws closer to eliminating 10% of the community newspaper division’s workforce. That mass layoff is scheduled to start taking effect three weeks from tomorrow.

“I would like to take the voluntary, but don’t know if I have the guts to do it,” one employee wrote moments ago in a comment. “What will be waiting for me on the other side?”

Publishers last week told employees they could volunteer to quit their jobs, a move apparently designed to let workers give up their jobs so co-workers who can’t afford to be laid off won’t be forced to the curb. Many pubs set today as the deadline, although I’ve heard that some employees have until tomorrow to volunteer.

Earlier: Key dates in Gannett’s planned layoff of up to 3,000 workers

How are you preparing for the 10% cut? Post replies in the comments section, below. E-mail gannettblog[at]gmail[dot-com]; see Tipsters Anonymous Policy in the green sidebar, upper right.

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