Hundreds of journalists for the country’s largest newspaper chain walked off the job on Monday, accusing the company’s chief executive of decimating its local newsrooms and demanding a change at the top.
Thank you for supporting our journalism. This article is available exclusively for our subscribers, who help fund our work at the Chicago Tribune.Hundreds of journalists for the country’s largest newspaper chain walked off the job on Monday, accusing the company’s chief executive of decimating its local newsrooms, and demanding a change at the top.
“Gannett has created news deserts everywhere you look,” said Peter D. Kramer, a reporter for the USA Today Network. “That’s Mike Reed’s Gannett.” “During a very challenging time for our industry and economy, Gannett strives to provide competitive wages, benefits and meaningful opportunities for all our valued employees,” Anton said. “Our leadership is focused on investing in local newsrooms and monetizing our content as we continue to negotiate fairly and in good faith with the NewsGuild.”
The merged company, which took the Gannett name, owns USA Today and more than 200 daily newspapers in 43 states, though it has closed dozens of publications since the 2019 deal.Like many other publishers of local news, Gannett has struggled with declining revenue from advertising and print circulation. The debt load from its merger with GateHouse has also weighed on the company. Gannett said in its first-quarter earnings this year that it had $1.2 billion in outstanding debt.
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