Gannett joins the club?

[whatwoulddamondo?]

But would you want it? Didn't I just read that the stock is down 67 percent this year?

Say you put 3 percent away or something every week, and they match that, and then the stock goes down from $17.42, to $5.42, its not much of a 401k plan.

agreed, mustang, but their idea to eliminate pensions and replace it with an enhanced 401(k), resulting in a lot of people wanting to unload stock on a regular basis, may do more harm than good.

[mustangj17]

I'm no Gordon Gekko, so I'm not sure how this works. But if Gannett "matches" say 5 percent of your take-home, for arguments sake we'll say $500, with Gannett stock, does that mean they are having to contribute MORE Gannett shares, 66 percent more shares, to employees than they did a year ago?

It's all relative. But yeah, they do have to give out more shares, but it's the same money's worth.