Today Gannett announced that it is soon planning to cut jobs after CEO Mike Reed said the company was “facing strong headwinds” after reporting their second quarter financials.
“Gannett has clearly shown it cannot be trusted to invest in journalists or its newsrooms and is prioritizing shareholders and executives over journalism,” said NewsGuild President Jon Schleuss.
“As a journalist representing thousands of other journalists in North America, we scrutinize and hold companies accountable for their behavior,” he said. “Gannett’s SEC filings and actions against America’s journalists show it is incapable of being trusted.”
Continue reading “Gannett can’t be trusted to invest in journalists as it begs for special powers”