New target numbers set for GCI sites?

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New target numbers set for GCI sites?

Unread postby Gannettoid » Thu Jan 07, 2010 4:39 pm

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.
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Re: New target numbers set for GCI sites?

Unread postby Guest » Fri Jan 08, 2010 9:55 am

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.
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Re: New target numbers set for GCI sites?

Unread postby Gannettoid » Fri Jan 08, 2010 2:13 pm

This has to do with revenue budgets.
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Re: New target numbers set for GCI sites?

Unread postby FarkleThis » Fri Jan 29, 2010 4:41 pm

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.
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Re: New target numbers set for GCI sites?

Unread postby reality check » Fri Jan 29, 2010 4:49 pm

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
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