The Arizona Republic Guild said on Twitter Friday that Gannett offered four newsroom employees at the paper buyout packages.
By Hayley Ringle | Phoenix Business Journal
The Arizona Republic is among a number of newspapers across the country that started laying off employees on Thursday, just a week after the closing of the acquisition of Gannett Co. by the parent company of GateHouse Media.
The newly merged Gannett Co. (NYSE: GCI) and New Media Investment Group Inc. has 200 daily newspapers and is now the largest U.S. newspaper chain. The deal is valued at roughly $1.2 billion.
It is not known how many Republic employees were laid off this week, but local cuts were made in the advertising, sales and circulation departments. GateHouse media also owns the Arizona Capitol Times.
Tracee McElvogue tweeted Dec. 5 that she spent 15 years working in sales analysis for 17 Gannett papers.
“I was let go today along with a lot of others on the business and circulation teams,” McElvogue tweeted from her @phx_nolagirl account.
She was expecting the cuts, and added she “got a decent package and had been reducing expenses just in case.”
(Subscriber Content)
