New target numbers set for GCI sites?

[Gannettoid]

Rumors have been swirling that at least some newspaper properties are being told to grossly exceed budget for the first six months of 2010.

READ MORE AT http://www.Gannettoid.com/gci010710.html


Also, if you haven't seen it yet, we've added a new link to our industry links. It's http://www.readapaper.com. Check it out.

[Guest]

I'm confused. Are properties being told to exceed their income and revenue targets or their spending budgets? I find it hard to believe they would be told to exceed their spending budgets since we're being forced into more furloughs in 1st qtr (and I think 2nd qtr). Any chance that it could be clarified a little.

Thanks.

[Gannettoid]

This has to do with revenue budgets.

[FarkleThis]

This is Gannett in full bloom, a penny-pinching company setting sales quotas and revenue expectations for its field people without regard for economic reality. It serves the company in two ways; If the salespeople hit the inflated sales targets, the company makes out; And if the salespeople don't hit the numbers, the company saves a bundle on bonuses and commissions and can wean itself of higher-paid employees that are at over 100 percent of the company's prescribed salary for those positions. We lost many good salespeople at my paper through this insidious practice. It's a major turnoff to loyal employees who initially thought the company was behind them.

[reality check]

What person would have been so naive as to think that this company was actually "behind them?" This is Gannett - the most spiteful, mean-spirited, conniving, insidious, elitist, backward, arrogant, detached from reality and incompetent company in media corporation history. But perhaps I judge too harshly..... hahahahahah