Gannett has shed nearly half its workforce since 2019

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Gannett has shed nearly half its workforce since 2019
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Gannett continues to face pressure amid leadership shakeup and drastic cost-cutting and strategy shifts. As of Dec. 31, Gannett had 11,200 employees, records show. That's down from 21,255 employees following the 2019 merger with GateHouse.

has forced Gannett to dramatically cut costs and bring its employee count nearly back to what it was prior to the 2019 deal.. That's down from 21,255 employees following the 2019 merger with GateHouse and just 562 more than the 10,638 employees Gannett had as a standalone company.

The news comes days after two top editors — Jeff Taylor, executive editor for news at USA Today, and Amalie Nash, senior vice president, local news and audience development at the USA Today Network — quietly announced their departures,Gannett's big digital push away from a reliance on print revenue and toward growing digital ads and subscriptions comes amid difficult market conditions.

But the shift has been difficult, leading to strategy changes. Beginning late last year, executives began pulling back on the number of articles being placed behind the paywall in order to boost the company's ad revenue, sources told Axios.

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