The Daily Advertiser was spared from the chopping block this round, but with more furloughs in store and reports of millions in bonuses for Gannett execs, it’s another blow for newspaper folks in the Gannett world.
Gannett’s two Acadiana dailies survived another major round of layoffs announced this week by the media giant, but the country’s largest newspaper chain still left its corporate mark in Louisiana by dropping 31 employees from its payroll statewide and planning more employee furloughs to balance declining ad revenue.
In a memo sent out Tuesday to all Gannett employees, Robert Dickey, president of the community-publishing division, tells the Gannett workforce that the 700 layoffs are necessary as “national advertising remains soft and with many of our local advertisers reducing their overall budgets, we need to take further steps to align our costs with the current revenue trends.
“These have been extremely difficult and painful decisions to make. I know the impact is felt by everyone ... companywide,” Dickey continues. “I appreciate and thank you for all that you do to create and deliver award-winning journalism to our customers and communities every day. Even under these challenging circumstances, I know you will continue to do so and your efforts are greatly appreciated by our customers and colleagues within Gannett.”
According to The [Alexandria] Town Talk, another Gannett paper, the company also is forcing some employees to take more furloughs, or unpaid vacations, in the coming months, though the furloughs apply only to those on the corporate payroll who earn above a specified salary.
In queue with the corporate American dream, Gannett, which owns five newspapers in the state, didn’t just distribute the dreaded employee memo, it also shelled out $3 million in bonuses to its top two execs last year. That’s on top of the combined $17.6 million it paid for salaries alone on its two top dogs, according to a March 25 Poynter Institute blog:
Craig Dubow‘s pay included a $1.75 million all-cash bonus, reports Jim Hopkins. Chief Operating Officer Gracia Martore was paid $8.2 million, with a cash bonus of $1.25 million. The bonuses were awarded partly on the basis of cost-cutting that included layoffs, unpaid furloughs and other austerity measures, according to a shareholders proxy report filed on Thursday. Dubow would get $22.5 million if he quit right now.
Read more here.
That fact that New Orleans led both games in the final 10 seconds of regulation, and lost each by a field goal or less, is of little solace.
The superintendent will make another go at getting a budget passed for the already commenced fiscal year as the LPSB is slated to meet tonight on the eve of the state’s budget adoption deadline.
A person familiar with the situation says New Orleans Saints running back Mark Ingram has a broken hand.
It seeks an investigation into a $100,000 fund transfer from Vitter's federal campaign account to an independent PAC supporting Vitter's 2015 candidacy for governor.
Landrieu has acknowledged that she improperly billed her Senate office for nearly $43,000 in charter costs that should have been paid from her campaign account.
House District 45 Rep. Joel Robideaux is term-limited and running for city-parish president next year, leaving his seat up for grabs come 2015 and at least three likely contenders so far, including ...
When the Browns explained their plans to Brian Hoyer about bringing rookie Johnny Manziel into the game, Cleveland's starting quarterback bit his lip and devised one of his own.
National debate over solitary confinement puts spotlight on Angola inmate’s 35 years in ‘the hole’
Monday's Blogs from the Bog!
Baja braces for Hurricane Odile; what a Scottish "yes" means; Mideast complexities and more national and international news for Monday, September 15, 2014.
If you didn’t know Alison, Sheriff Mike Neustrom’s 42-year-old daughter who died Wednesday after battling cancer for a year, you missed out on something really special.
Asserting that the LPSB's taxpayer-funded report on the results of the superintendent investigation is a public record, TDA's executive editor takes the gloves off.
Tyson Dupuis accumulated three OWI arrests in less than 10 years, with his most recent resulting in the death of an 18-year-old Crowley woman in 2011, yet his punishment would only amount to a year in prison.
Hugh Freeze has firsthand knowledge of the Sun Belt Conference, having coached at Arkansas State in 2011 before moving on to Mississippi.
A federal grand jury has charged a 56-year-old Lafayette man with income tax fraud for allegedly failing to report hundreds of thousands of dollars in income.
The LPSB voted 6-3 to accept charges against Superintendent Pat Cooper and pave the way for his upcoming termination hearing.
The timing of U.S. District Judge Richard Haik's semi-retirement paves the way for a Dem, and perhaps the first African American, to serve the Western District.
After months of clamoring for Superintendent Pat Cooper’s job, the LPSB will get its chance this afternoon to get the ball rolling with a special meeting at 2:30 p.m.
Voters trying to sift through the details of 14 constitutional amendments on the Nov. 4 ballot have a guide they can consult.
Delcambre now has a boat launch that can handle four boats at a time and a new pavilion for the seafood and farmer's market.
Drew Brees sees plenty to like about the way New Orleans' offense is shaping up, even if it's not yet reflected in the win column.
About a week after mistakenly using a Twitter hashtag for the Cincinnati Bengals to wish the New Orleans Saints good luck, the Cassidy camp refers to the EPA as the “Energy Protection Agency.”
Lawmakers launched their latest effort Wednesday to try to chip away at a $12 billion backlog of road and bridge repair and improvement work across Louisiana, seeking ideas to raise new transportation dollars in an anti-tax environment.
The congressman has rejected two other debates in which Landrieu had agreed to participate.
When we got the emergency-meeting agenda via email today we thought, “Hmmm ... cooler on the blink ... coroner ... corpses ... this could be bad.”