Will furloughs follow in second quarter?
Gannettoid.com | email@example.com | Posted: Dec. 3, 2009 • Morning report
Shortly after rumors began circulating in September about a round of furloughs throughout Gannett in the first quarter of 2010, the second quarter started being mentioned.
One Gannett executive was unsure if any furlough decision had been made at the time, but was at least aware that discussions had begun for not only the first quarter, but also the second.
That executive told Gannettoid.com regardless of the economy or revenue growth, year-over-year figures would certainly factor in the decision-making process.
Following Tuesday's confirmation of first-quarter furloughs, company spokeswoman Robin Pence said no decision has been made about possible second-quarter furloughs.
"It's going to depend in large part on economic trends along with business conditions," Pence said. "There is a lot of uncertainty surrounding the economy at this time and while we hope that future furloughs will not be necessary, no decision can be made at this time."
In a question-and-answer list sent from newspaper division president Bob Dickey with the furlough announcement, there was a similar answer to that question.
The answer read: "Our hope is that future furloughs will not be necessary, but business conditions combined with economic trends will be the major factors as we continue to assess this market. No decision on this can be made at this time."
Another company executive earlier told Gannettoid.com that Dickey informed a small group of editors at the company's content summit in September that first-quarter furloughs were expected. Pence said no decision had been made at that time and Dickey ignored e-mails sent to the address referenced in his memos to staff inviting questions or ideas.