Business

With revenues down, Gannett lays off journalists at a dozen newspapers


Gannett, America’s largest newspaper chain laid off employees across its newsrooms across the country. The affected outlets include:

  • The Athens (Georgia) Banner-Herald
  • (South Texas) Caller-Times
  • Columbia (Missouri) Daily Tribune
  • Ventura County Star
  • Cloud (Minnesota) Times
  • Monroe (Louisiana) News-Star
  • Billerica (Massachusetts) Minuteman, (Milwaukee) Journal Sentinel
  • Panama City (Florida) News-Herald
  • (Kentucky) Courier Journal
  • Gadsden Times
  • Tuscaloosa News
  • Montgomery Advertiser

As per reports, Gannet’s revenue fell 7 percent from the same time last year to nearly $749 million while its operating expenses increased to nearly $770 million.

Read the full story here.





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