Newspaper Giant Gannett Slashes Workforce

June 22, 2011  |  

(AP) — The nation’s largest newspaper publisher is laying off another 700 employees to cope with an unrelenting advertising slump.  Gannett, the owner of USA Today and more than 80 other daily newspapers, hoped to complete the cuts yesterday. The layoffs are occurring at most Gannett newspapers but not at USA Today.

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