A little more than two months after Gannett cut 130 jobs from The Record and its affiliated community newspapers, the company announced Monday that another 141 workers will let go, an announcement on NorthJersey.com said.
Employees will be notified by the end of the week of the layoffs, the report said.
North Jersey Media Group president Nancy A. Meyer described the decision to further downsize as "difficult."
Gannett, the nation's largest newspaper chain, bought NorthJersey.com, the Record and dozens of weeklies for about $40 million in July.
In New Jersey, Gannett owns The Record, the Asbury Park Press, the Courier-Post, the Home News Tribune, the Courier-News, the Daily Record and the Daily Journal.
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I wonder how much Gannett stock is owned by Soros?
ReplyDeleteSad to see people lose their jobs, but glad to see Gannett is hemorrhaging.
Tell the truth every now and then, and your papers might not be going down the toilet.
ReplyDeleteThey don't know how to tell the truth or write whats important.
ReplyDeleteNJ readers are showing that they can not only read, but think, too. That's a threat to Gannett's bottom line.
ReplyDeletedid they get that lib pos susan locally?
ReplyDeleteplease say yes!