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.
The Lafayette superintendent insists the budget is illegal and vows to fight on.
"I am not a scientist," Senate Republican Leader Mitch McConnell has said numerous times, a response that other members of his party have parroted.
Republicans are running strong races against endangered Democratic incumbents in states such as North Carolina, Colorado, Arkansas, Louisiana and Alaska. Republicans are also looking to replace retiring Democrats in Iowa and West Virginia with a GOP lawmaker.
Republican congressman Vance McAllister is trying to make up to Louisiana voters for getting too close to a married former employee.
You may not like all of “it,” but U.S. Sen. Mary Landrieu, unlike many of her colleagues, isn't sitting around twiddling her thumbs in Congress.
Saints safety Kenny Vaccaro says he "can't wait" to play against Green Bay quarterback Aaron Rodgers.
The heat keeps rising for Iberia Parish Sheriff Louis Ackal as a new slate of corruption allegations surfaced this week.
If opposing defenses sell out to stop the Packers' passing game, they risk being gashed by powerful running back Eddie Lacy, a New Orleans-area native.
At the horn the officiating crew trotted to the tunnel and left security personnel to clean up after them.
Friday's Blogs from the Bog!
Sign "ninjas" cleaning up clutter; NYC doctor positive for Ebola; Ferguson grand jury decision nears; and more national and international news for Friday, October 24, 2014.
We can safely assume incumbent Chief K.P. Gibson isn’t too worried about this challenger.
Nationally, Republicans must gain six seats to win Senate control. The most competitive races, many in states where Obama lost in 2012, remain too close to call.
The Baton Rouge Republican has repeatedly battled a perception within his own party that he perhaps wasn't the best choice to carry the GOP banner.
Even if Jimmy Graham's production dips while the star tight end recovers from a shoulder injury, it looks like Drew Brees won't have much trouble finding other targets.
A former campaign manager for Senate candidate Rob Maness is striking at the Republican contender's tea party support, saying Maness only sought to appeal to conservative organizations because he needed money for his campaign.
Ninety-two percent of public school teachers were rated either effective or highly effective in a report the state issued marking the second year of a new statewide evaluation process.
School board members Mark Babineaux, Hunter Beasley and Tehmi Chassion can vote to fire Cooper — because we all know that’s exactly what they’ll do.
District 2 school board candidate Simon Mahan is hoping to unseat first-term incumbent and former Carencro Mayor Tommy Angelle in the Nov. 4 election.
District Attorney Mike Harson is showing his desperation by falsely attributing quotes to his opponent and blocking journalists from his social media.
The governor is traveling the country laying the groundwork for a possible 2016 presidential campaign, but his approval ratings at home hover well below 50 percent.
State District Judge Bob Downing extended the order and delayed a planned Wednesday hearing about a permanent injunction while negotiations continue between Attorney General Buddy Caldwell and the waste disposal site operator.
New Louisiana higher education commissioner Joseph Rallo will be paid more than his predecessor.
Elijah McGuire and Alonzo Harris each had four rushing touchdowns, and Louisiana-Lafayette rolled to 419 yards on the ground in a 55-40 victory over Arkansas State on Tuesday night.
Bill and Hillary Clinton are the validators-in-chief for Democrats struggling through a bleak campaign season in states where President Barack Obama is deeply unpopular.