"GateHouse Media has offered newsroom employees of three Triad-area newspapers severance packages if they agree to leave the company.
The severance offer was made to employees of the Courier-Tribune in Asheboro, the Burlington Times-News and the Dispatch of Lexington, sources confirmed.
According to an internal email from Gatehouse CEO Kirk Davis, the same offer was extended Tuesday to employees at other papers owned by the company. Gatehouse owns more than 120 daily newspapers nationwide.
...Eligible employees have been asked to register their interest in the severance program by Aug. 29. Not all employees who accept the offer will necessarily be accepted for the severance program. The company says it will make its final decision on which employees to extend offers to by Sept. 7 and exits may begin as early as Sept. 16.
"Today, GateHouse Media is announcing a voluntary severance offer," the email from Davis reads. "The action supports ongoing efforts across our organization to reduce costs."
GateHouse filed for Chapter 11 bankruptcy in September 2013. The planned bankruptcy saw the company emerge under a new holding company, New Media Investment Group Inc., in November 2013.
The company has continued buying newspapers since that time. The Asheboro, Burlington and Lexington papers were all acquired by GateHouse within the past two years.
GateHouse announced just last month plans to purchase the Fayetteville Observer.
http://www.bizjournals.com/triad/news/2016/08/17/gatehouse-cuts-affect-triad-newspapers.html?ana=RSS%26s%3Darticle_search&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+bizj_triad+%28Triad+Business+Journal%29
The severance offer was made to employees of the Courier-Tribune in Asheboro, the Burlington Times-News and the Dispatch of Lexington, sources confirmed.
Billy Jones' public records lawsuit against the City of Greensboro
was filed yesterday, the 16th of August, 2016
According to an internal email from Gatehouse CEO Kirk Davis, the same offer was extended Tuesday to employees at other papers owned by the company. Gatehouse owns more than 120 daily newspapers nationwide.
If the News and Record didn't look into the same information
Jeff Sykes and Eric Ginsberg did, they must be negligent or so understaffed
a former editor is now the new City reporter
...Eligible employees have been asked to register their interest in the severance program by Aug. 29. Not all employees who accept the offer will necessarily be accepted for the severance program. The company says it will make its final decision on which employees to extend offers to by Sept. 7 and exits may begin as early as Sept. 16.
What would happen if a local political activist and mayoral candidate
filed a lawsuit against the City of Greensboro,
and the City's 'paper of record' doesn't report it?
"Today, GateHouse Media is announcing a voluntary severance offer," the email from Davis reads. "The action supports ongoing efforts across our organization to reduce costs."
The next phase is involuntary
Warren Buffett's papers must be experiencing the same effects
GateHouse filed for Chapter 11 bankruptcy in September 2013. The planned bankruptcy saw the company emerge under a new holding company, New Media Investment Group Inc., in November 2013.
Maybe too many who relied on the News and Record for information
stopped receiving it
The company has continued buying newspapers since that time. The Asheboro, Burlington and Lexington papers were all acquired by GateHouse within the past two years.
It's been 24 hours,
let's revisit who has done what when in another 24 hours
GateHouse announced just last month plans to purchase the Fayetteville Observer.
http://www.bizjournals.com/triad/news/2016/08/17/gatehouse-cuts-affect-triad-newspapers.html?ana=RSS%26s%3Darticle_search&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+bizj_triad+%28Triad+Business+Journal%29
