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Wednesday 17 August 2022
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Gannett, Parent Company of Democrat & Chronicle, Makes Lay Offs

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The print industry is one of the largest in the world. In fact — believe it or not — it’s eight times larger than the video game industry. But that doesn’t mean it’s doing nearly as well as it used to, as attested by the massive layoffs by Gannett Co. Inc, the parent company of the Democrat & Chronicle, D&C Digital, USA TODAY, and many more publications around the country.

It is uncertain exactly how many positions will be eliminated across the company’s U.S. Community Publishing division. So far, eight full-time Democrat &Chronicle employees were laid off, a group that represented 2.4% of the local Gannett workforce.

Those numbers are consistent with Gannett’s previous statements that it would be reducing its workforce by “about 2%” in order to help manage costs in a difficult print and digital advertising landscape.

“Today is a really tough day for eight very talented people, their families and colleagues,” said Daniel A. Norselli, the president of D&C Digital. “These are individuals who have contributed a great deal to our company and our community. Yet, our transformation requires us to adapt to the never-ending changes in our industry and consumers’ media habits.”

“As a business we must always look at ways to compete effectively,” said Norselli. “As an organization, D&C Digital remains focused on the future, committed to our community and to providing the highest level of journalism and marketing solutions to our customers and clients.”

Other media companies are also experiencing setbacks — The Wall Street Journal is offering buyouts to a large number of employees in order to limit involuntary layoffs, and in July, The New York Times reported about 80 employees took voluntary buyout packages.

“Actions like these are difficult, but I remain steadfastly committed to reinvesting in our employees and the capabilities required to sustain and grow our company so that we may continue to serve our customers with excellence,” said Gannett President and CEO Bob Dickey in a letter to employees.