Gannett Company Inc.

Publication date: 07/09/2008

Gannett Co. Inc. laid off 55 employees from four of its six New Jersey newspapers because of adverse business conditions. The layoffs were across all departments at the Asbury Park Press, Home News Tribune in East Brunswick, Courier News in Bridgewater and Daily Record in Parsippany. The company recently offered buyouts to 166 workers over age 55 with at least 15 years of service at those papers plus the Courier-Post of Cherry Hill and Daily Journal of Vineland. Eighty-three employees accepted the buyouts. The Courier-Post and Daily Journal were not affected by the lay-offs. The company will continue to focus on accelerating growth with non-daily products, online offerings and enhanced daily newspapers.