Gannett heralds a new strategy, but concrete details are sparse Veteran reporter Joe Strupp of the Asbury Park Press in New Jersey tweeted, "We have been negotiating for two years and have seen no valid offer from management." Declared The Arizona Republic Guild: "Gannett claims it's going to 'save journalism.' We're not sure how overworking and underpaying journalists accomplishes that goal." While Gannett says it is "bargaining to finalize contracts" at union-represented newsrooms without pacts, journalists say those talks have been slow walked. Gannett paid Reed approximately $11 million over 20, according to disclosure forms, even as the company's stock continued a sharp decline. Shareholders approved the compensation packages for all executives, Gannett Head of Investor Relations Matthew Esposito told NPR. The meeting, however, was brief with no questions taken by Reed, according to Schleuss, who said he attended the meeting. The staff demanded that shareholders at an annual meeting Monday morning cast a vote of no confidence in Reed's leadership. Workers are focusing their ire on Mike Reed, the former GateHouse chief who now leads the new Gannett Co. The walkout is said to be the largest labor action in Gannett's history. with debt that led to hundreds of millions of dollars in cuts. Financing for the merger loaded up the new Gannett Co. since it merged with GateHouse Media four years ago to make a newspaper behemoth. And, they note, they are now being asked to do more than ever.Īccording to Jon Schleuss, the president of the NewsGuild, corporate executives have eliminated 54% of the combined workforce of Gannett Co. The journalists and representatives at their union, the NewsGuild, accuse Gannett of undercompensating them for years. The newspapers, in seven states, include The Arizona Republic, The Austin American Statesman, The Florida Times-Union, The Asbury Park Press and others. They're protesting working conditions at their papers and launching a lacerating attack on Gannett's chief executive. Hundreds of journalists are walking off the job Monday and Tuesday at two dozen newspapers owned by the Gannett company.
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