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1/ It's the @Gannett CFO’s last day. On her way out the door, the company is set to write her a check for at least $4.8M.
Starting next week, @Gannett is sending @azrepublicguild journalists home without pay.
***Her golden parachute could cover our furloughs for 10 YEARS***
Starting next week, @Gannett is sending @azrepublicguild journalists home without pay.
***Her golden parachute could cover our furloughs for 10 YEARS***
2/ No doubt this crisis has hit newspapers hard.
But @Gannett and the media company it recently merged with paid investors $329.2 million in dividends over the past two years, instead of investing in newsrooms and keeping journalists on the job.
What an insult.
But @Gannett and the media company it recently merged with paid investors $329.2 million in dividends over the past two years, instead of investing in newsrooms and keeping journalists on the job.
What an insult.
3/ While the @azcentral newsroom prepares to function with only 75% of our current staff, @Gannett is paying at least $20M in fees to a private equity company and has two CEOs.
One CEO pledged not to take a salary until furloughs are finished. The other? Haven’t heard a peep.
One CEO pledged not to take a salary until furloughs are finished. The other? Haven’t heard a peep.
4/ We need all hands on deck during this crisis. That means fully employing journalists and not laying them off.
Tell our newspaper company @Gannett to take care of its employees, so we can take care of our communities.
Send a letter. It's quick:
https://actionnetwork.org/letters/we-need-journalists-during-covid-19/
Tell our newspaper company @Gannett to take care of its employees, so we can take care of our communities.
Send a letter. It's quick:
https://actionnetwork.org/letters/we-need-journalists-during-covid-19/
