Blogs > City Editor's Blog

By Jeremy Schiffres, Daily and Sunday Freeman, Kingston, N.Y.

Tuesday, June 21, 2011

GCI: Greedy company, indeed

Newspaper giant Gannett Co. Inc. announced today that it's laying off 700 people, or roughly 2 percent of the company's workforce.

This just three months after the company revealed CEO Craig Durbrow had his salary doubled and received a $1.25 million cash bonus.

Good lord.

Labels: