A handful of awards season frontrunners is starting to emerge with the announcement today of the IDA Documentary Awards Shortlists.
13.10.2022 - 01:45 / deadline.com
The nation’s largest newspaper chain, Gannett, continued its cost cutting measures today, announcing a hiring freeze, a mandatory unpaid five-day leave for every employee this December, a six-month sabbatical, a suspension of 401K matches from the company, voluntary severance offer for those who want to retire or leave the company and an optional four-day workweek.
“While these actions are tough, they are critical to Gannett’s long-term success,” CEO and Chairman Michael Reed told employees during a Wednesday company-wide meeting that, according to at least one employee, lasted all of 15 minutes. Reed said the moves “ensure we are prepared to withstand the uncertainty that lies ahead.”
Reed also announced he would take a salary reduction through the end of 2023. His base salary was $900,000 in 2021, USA Today reported.
Reed’s announcement comes about two months after the company laid off roughly 400 employees — or 3% of its U.S. workforce — at papers across the country, according to a report from flagship title USA Today.
Gannett owns over 200 daily U.S. newspapers and had more than 16,000 employees worldwide last year, — nearly 14,000 of whom are in the U.S. Those workers included more than 4,200 reporters, editors and photographers.
Two caveats to the hiring freeze, according to USA Today is that it applies only to “all positions not considered critical or key revenue and operating roles” and it may not apply to union members.
Kati Kokal, who covers education for the Palm Beach Post, tweeted her impressions of the announcement.
“In a meeting that lasted less than 15 minutes this afternoon,” she wrote, “@Gannett announced mandatory furloughs at the holidays, buyouts, freezing our 401(k) match and stopping hiring. No
A handful of awards season frontrunners is starting to emerge with the announcement today of the IDA Documentary Awards Shortlists.
Haley Lu Richardson knows a thing or two about horrible bosses—and working with them helped shift her perspective and re-define her future in a big way. Anyone who’s lived a little knows that no matter what course your life is on, everything can change in an instant.
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Tia Mowry isn't letting anything keep her down. The actress was in high spirits as she attended the star-studded Elle Women in Hollywood gala on Monday, at the Getty Center in Los Angeles.ET's Deidre Behar spoke with Mowry at the elegant event, and she smiled broadly as she reflected on how she was feeling just weeks after she announced that her and her husband, Cory Hardrict are ending their marriage after 14 years.«I'm doing fantastic. I am doing great.
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Mark Wahlberg has left Hollywood behind and moved out of the state to put his family first. Wahlberg, 51, revealed on Tuesday’s "The Talk" that he and his wife moved their four children to Nevada to give them a "better life." During the episode, Wahlberg discussed how he balances his career while also being a present father and husband.
Issa Rae has always been very candid about her views on Hollywood's machinations, and in a new interview with , the self-proclaimed «media mogul» got very frank about why she believes the entertainment industry is «regressing.»When asked what she feels has changed about Hollywood in a post-#MeToo era, the series creator answered that it was «sadly, not much.»«There are just too many enablers for there to be real change,» the creator and alum adds, stating that real change will only come when people are actually «held accountable» with «legitimate consequences.» Rae, who once called the music business «probably the worst industry I’ve ever come across,» went on to declare that Hollywood rarely doles out suitable consequences for its offenders because «money will always reign supreme.»«That’s something that, even by working in this industry, we’re enabling. So it’s hard,» she tells the outlet. «What I have realized is that I can control my own environment and who I work with.
Ten Five Hospitality gave one of Hollywood’s most historic neighborhoods a makeover and now the Vinyl District has become one of the most popular hotspots in the City of Angels.
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Dwayne 'The Rock' Johnson was ordered to lose weight, drop his stage name and stop talking about wrestling if he wanted to make it in Hollywood. The 'Fast and the Furious' star shot to fame back in the mid-1990s as a regular performer with the World Wrestling Federation (WWF) - adopting the name The Rock and becoming one of the franchise's most recognisable wrestlers before making a crossover to movies with a role as the Scorpion King in 2001's 'The Mummy Returns'. However, Johnson has now revealed he was asked to make some serious changes if he wanted to be taken seriously as an actor.
Netflix Among Buyers Of Doc On Dutch Soccer Manager Louis Van Gaal
A deal for the billionaire Elon Musk to buy Twitter is back on it has been announced - just weeks before a court case over his first bid for the company earlier this year was due to begin.
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