gannett plans to layoff 3,000 by december.

Stock closed at approx. 7 3/4, yesterday. That works out to a >20% yield, at those levels. Can't expect that to hold, in any event, but given prevailing corporate
policies, it's an abomination. NYT bit the bullet, in this area. Gannett should bite it, as well.

 

In a matter of time we will all be out of jobs. We will end up in different fields and land with companies who know how to run a damn business, and that also know how to treat their employees.

Once we end up with companies that treat us well, I figure we will probably work harder and our businesses will be better for it.

 

No, we will work a lot less and be paid a lot more. All my friends who have gotten out of the biz love it. They're off on holidays and weekends, do a lot less work and their companies think they're doing a TON compared with others there. No one in management in the newspaper biz has any idea how much the minions are doing. If they had to sit down and turn three stories, a gizmo and agate in one day or copy edit 15 stories in a night, they couldn't do it with a million dollars on the line. They're going to be sorry they ran all the talented hard-working ones out because if what I've seen from what they've hired on the Web desk is any indication, uh, good luck. Barely literate.

 

That's "wild and unpredictable."

Or perhaps she's lovely and talented.

 

Kit's gotten a zillion chances to prove it.

 

Does she twitter?

 

No, but she constantly calls her husband: "Lovey" "Hubby" in all her columns and blogs.
Seriously, how does this clown look the rest of the Information Kiosk Providers in the eyes, tell them to pack their bags and then, a month later, tells the rest they have to take unpaid leave, all the while "Wifey" gets paid to write?
Glad I didn't take that job in Delaware, I would have been the first to go.
Oh well, time to bust out the glass dildo and forget all these troubles.

 

Gannett meltdown continues with a story yesterday about how the airline industry has had no serious accidents, or deaths in two years.

http://www.usatoday.com/travel/flights/2009-01-11-airlinesafety_N.htm?csp=34


And a major airplane crashes 16 hours later.

 

What in the wide world of sports does that have to do with anything?

 

Good question.

And the story ran days ago. I read it Monday.

 

There will be some headaches for the managing editor pricks who run the 10 a.m. meetings. The 8 dollar an hour citizen journalists will not do a good job. Doesn't matter much. They won't be covering much on the Web, at least not compared to now. I hope they go crazy rewriting the crap, though.

 

If the industry is this tight, how tight do you really think the freelance market is? I'm asking because I don't have a clue, but except for the companies being able to avoid fulltime benefits to freelancers, it's kind of like, to me anyway, banks tightening up credit, cars can't sell, car parts can't be sold, and so on down the chain.