Gannett to reduce workforce 2 percent
Gannett Co., owner of York Newspaper Co. and the York Daily Record, will reduce about 2 percent of its workforce across the organization, according to a staff memo sent Monday.
The memo, from President and CEO Bob Dickey, states the majority of those affected will be informed by the end of day Tuesday, with actions complete by the end of the week.
The York Newspaper Co. includes the York Daily Record, which has been publishing under a joint-operating agreement with The York Dispatch since 1990, when the York Daily Record sought protection under the federal Newspaper Preservation Act.
The agreement, valid through June 20, 2024, means the papers share business operations — such as circulation and printing — but maintain separate news operations and editorial voices.
Jared Bean, interim president of York Newspaper Co., declined to comment when asked how the announcement would affect local employees.
With 109 news organizations in 34 states, Gannett is the largest media company in the U.S., and it's looking to grow further.
Gannett has publicly engaged in attempts to acquire Tronc Inc., formerly Tribune Publishing, which owns the Chicago Tribune and Los Angeles Times.
Dickey wrote in the memo that the company will continue to build its scale and invest in "important digital capabilities and experiences" during the next 18 months.