slappy4428
Active Member
- Joined
- Jul 25, 2004
- Messages
- 38,815
***** of it is... with the the bubbleheaded management in Editorial -- especially the Editor, who's astute coverage decisions have led the subscribers to leave in droves and eliminate coverage in affluent areas closer to the home base than non-affluent ones farther away, and the Sports editor, who challenged a co-worker to a fight in the middle of the newsroom earlier this year with neither being disciplined, the rank and file will probably get ****ed on this....
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Employees of The Advertiser Co.,
The economic downturn affecting much of the country is also taking a heavy toll on the local economy. You have likely already experienced the results of the downturn in your own personal finances through higher gas prices, utility bill increases and rising prices at the grocery store. Those changes have forced many of you to evaluate and make adjustments in your household spending. We are facing a similar situation with our business both locally and nationally.
In nearly every advertising segment, our customers are reporting difficult times for their business. They are reducing spending for advertising in both print and online. The significant reduction in advertising revenue is forcing us to look at the way we do business. Due to the difficult business conditions across the country, the Gannett U. S. Community Publishing Division is reducing positions across all levels. Recently we were asked to meet a specific payroll expense reduction amount. The amount was calculated by reviewing our current financial performance and previous reductions.
In total, we will eliminate 19 positions from our organizational structure. Six positions have already been eliminated with the discontinuation of the Army Flier; three currently vacant positions due to resignations will remain open; and 10 existing employees will be laid off. Announcements here in Montgomery will be made on Wednesday, August 20. Affected employees will receive severance benefits that include compensation and the continuance of medical benefits through the severance period. Those leaving the Advertiser have made a significant contribution to our success and we will graciously thank them for their years of service.
The decision to eliminate these jobs was extremely difficult, but we can no longer operate with the same number of people while our business gets smaller in this down economy.
While division management provided the number and a review of site-submitted reductions, all recommendations were made at the local level. The overall payroll reduction amount for the U. S. Community Publishing Division translates to roughly 1,000 fewer positions with approximately 600 people to be laid off. This equates to approximately 3% of the division’s current positions.
Going forward, we will continue to evaluate our business. We would prefer no future reductions, however we must keep expenses in line with revenue. If advertising and circulation revenues continue to decline, further reductions may be necessary.
Meanwhile, we are committed to providing high-quality public service journalism for our readers in addition to tremendous value to our advertisers with our stable of products. With 85% reach of adults in the market over a seven-day period, we remain the leading provider of news and information. In the coming days and weeks we will do our best work to continue the strong presence we already have in the Tri-county area.
Please accept my gratitude in advance for your professionalism and continued commitment to our mission during this difficult time.
Sincerely,
Cheryl R. Lindus
President and Publisher
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Employees of The Advertiser Co.,
The economic downturn affecting much of the country is also taking a heavy toll on the local economy. You have likely already experienced the results of the downturn in your own personal finances through higher gas prices, utility bill increases and rising prices at the grocery store. Those changes have forced many of you to evaluate and make adjustments in your household spending. We are facing a similar situation with our business both locally and nationally.
In nearly every advertising segment, our customers are reporting difficult times for their business. They are reducing spending for advertising in both print and online. The significant reduction in advertising revenue is forcing us to look at the way we do business. Due to the difficult business conditions across the country, the Gannett U. S. Community Publishing Division is reducing positions across all levels. Recently we were asked to meet a specific payroll expense reduction amount. The amount was calculated by reviewing our current financial performance and previous reductions.
In total, we will eliminate 19 positions from our organizational structure. Six positions have already been eliminated with the discontinuation of the Army Flier; three currently vacant positions due to resignations will remain open; and 10 existing employees will be laid off. Announcements here in Montgomery will be made on Wednesday, August 20. Affected employees will receive severance benefits that include compensation and the continuance of medical benefits through the severance period. Those leaving the Advertiser have made a significant contribution to our success and we will graciously thank them for their years of service.
The decision to eliminate these jobs was extremely difficult, but we can no longer operate with the same number of people while our business gets smaller in this down economy.
While division management provided the number and a review of site-submitted reductions, all recommendations were made at the local level. The overall payroll reduction amount for the U. S. Community Publishing Division translates to roughly 1,000 fewer positions with approximately 600 people to be laid off. This equates to approximately 3% of the division’s current positions.
Going forward, we will continue to evaluate our business. We would prefer no future reductions, however we must keep expenses in line with revenue. If advertising and circulation revenues continue to decline, further reductions may be necessary.
Meanwhile, we are committed to providing high-quality public service journalism for our readers in addition to tremendous value to our advertisers with our stable of products. With 85% reach of adults in the market over a seven-day period, we remain the leading provider of news and information. In the coming days and weeks we will do our best work to continue the strong presence we already have in the Tri-county area.
Please accept my gratitude in advance for your professionalism and continued commitment to our mission during this difficult time.
Sincerely,
Cheryl R. Lindus
President and Publisher
