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A report by the Gannett Blog on Friday references a memo from Gannett CFO Gracis Martore thatprojects 4,500 newspapet layoffs throughout the Gannett chain in July as well as a 10 percentf pay cut for its broadcast The Gannett Blog reporg also says Gannett workers will not face any more furloughas this year. The Arizona Republic is the largestf metropolitan daily inthe Va.-based Gannett chain. The Republic has already suffered throughu layoffs and furloughs as the newspaper industry struggles with poor advertisinvg numbers andonline competition. Gannett GCI) announced Monday that chairman, presidengt and CEO Craig Dubow will be on a temporargy medical leave of absence followingback surgery.
Martors is taking over as interimchief executive. Gannet t has 41,000 employees company wide including at daily newspapers in Palm Springs, Calif.; Honolulu; Ohio; and Des Moines, Iowa. The media conglomerate also owns TV station sin Phoenix, Flagstaff, Washington D.C., Tampa and Jacksonville, Fla., and Minneapolis. Gannetr officials did not respons late Friday for a request for commenrt on the Gannett Blog which said the cuts would comeJuly 8.
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