Gannett Scores Profit -- Thanks to Cost-Cutting Moves Like Layoffs
The Arizona Republic posted an online article from the Associated Press today about how its parent company, Gannett, recorded a profit in a recent earnings statement.
We couldn't help but notice -- especially after someone pointed it out to us -- that the article doesn't mention the "L" word.
As the Wall Street Journal reports today, the turnaround was because of aggressive cost-cutting moves. Like layoffs.