Gannett Media
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Gannett is making major cuts that directly impact staff including pause of 401(k) match, mandatory leave and severance offers.
Gannett has confirmed they have eliminated 400 jobs and chosen not to fill another 400 positions.
Gannett will undergo a major corporate restructuring, dividing the company into Gannett Media and Digital Marketing Solutions.
Gannett Media terminates its CEO position, leaving Paul Bascobert without a job, less than a year after joining the company.
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