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Ample Wages For Layoffs At Gannett

Speaking of layoffs, as we were in the Condé Nast item above -- while Gannett employees suffered a slew of them last year (hundreds, plus other downsizing that added up to 2,400 eliminations and many wage cuts) -- its top execs were still amply rewarded.

Chairman and CEO Craig Dubow received $9.4 million last year, double his 2009 pay. That sum included a $1.75 million all-cash bonus for cost-cutting measures, according to the company's latest shareholders proxy report.

Read the whole story at Gannett Blog »

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