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Jul 1, 2009

Gannett to cut more than 1,000 jobs

The Wall Street Journal reports that Gannett Co. will cut between 1,000 and 2,000 jobs from its work force.
WSJ sites a person "familiar with the company's thinking" with the information.
According to the article, cuts will come from the U.S. Community Publishing division, which includes Gannett's local dailies. But cuts won't impact USA Today.
The move, would follow cost-cutting efforts by Gannett over the past year when the publisher cut 4,600 jobs last year and then required most remaining employees to take furloughs in the first and second quarters.
Gannett, which reports second-quarter earnings in mid-July, had $3.7 billion in debt at the end of the first quarter.
View the story here.

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May 22, 2009

San Diego Union Tribune makes employees sign confidentiality agreement with non-solicitation clause

The San Diego Union Tribune is reportedly making employees sign a confidentiality agreement with a non-solicitation clause.
The agreement inhibits employees from joining rival organizations and from bringing their Tribune colleagues with them (whether currently employed or unemployed at the paper). Part of the agreement states:
"I shall not solicit directly or indirectly, any person who is a SDUT employee or who has been employed by SDUT within the prior six (6) months for employment by, or any business relationship with, a competitor."
This restriction reportedly lasts two years after a staff member's employment is ended.
View the story here.

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