I spent many years working for JRC and Gannett.
Both of these chains like to buy up little dailies and weeklies for quick cash infusions. Helps the stock, gives them more resources and places to plunder and squeeze. In the long run it hurts the little dailies but they do create short-term gains for the corporations.
And yes...it does seem like there's an industry-wide hiring freeze, and it has frankly felt like that for a while. At the place I work now (not Gannett or JRC), it is shocking how many vital positions are not being filled as longtime staffers leave.
Both of these chains like to buy up little dailies and weeklies for quick cash infusions. Helps the stock, gives them more resources and places to plunder and squeeze. In the long run it hurts the little dailies but they do create short-term gains for the corporations.
And yes...it does seem like there's an industry-wide hiring freeze, and it has frankly felt like that for a while. At the place I work now (not Gannett or JRC), it is shocking how many vital positions are not being filled as longtime staffers leave.