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Gannett Expects Cuts In '10

Gannett executives are somewhat optimistic about outlook for 2010, an outlook that also indicates job cuts in the New Year. sees modest payroll reductions next year., seeing modest gains in broadcast and online properties, in part from anticipated heavy political advertising and its NBC-affiliate television stations gains from Winter Olympics advertising.

But job cuts are still expected in the new year. Gannett's operating assumptions for 2010 are that its broadcast division head count "will be down slightly" in 2010. Its digital division will see a head count down in "low-single digits," a reference to percentage decline. At its publishing division, Gannett sees a work force reduction in the high-single digits, though it says much of that will be carryover from actions taken this year. The company already announced that most employees at its community newspaper division will be required to take one week furloughs in the first quarter.

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