Gannett Knows How to Cut Expenses

by Mick Gregory

Two Gannett papers — the Honolulu Advertiser and the Indianapolis Star — are combining their business staff with their metro staff and putting both under one editor.

“This is exactly the kind of action toward business desks that I feared when many papers like the Star announced at the beginning of last year that they were cutting stock listings from their business section,” writes Chris Roush. “If it’s easy to cut the business section once, then it’s easy to cut there again.”

That’s called managing a business. A publisher I worked with once said, “There are two ways to skin a cat.” Either profits rise, or expenses have to be cut. It’s Managerial Economics 101.

What other business has managers for every four or five people?

Well, maybe banks. But where else?

Meanwhile, blogs thrive with very few in head-count and surging readership.
Guess where investors are putting their money?

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4 thoughts on “Gannett Knows How to Cut Expenses

  1. I’d imagine the Star’s Colts blog is doing well this month. How long before Gannett only has its 1st stringers at USA Today cover the Super Bowl to save money?

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