Newspaper publisher Gannett Co. confirmed Friday that it's laying off some of its newsroom staff, part of a cost-cutting effort to lower expenses as its revenue crumbles amid a downturn in ad sales and customer subscriptions.
The McLean, Virginia-based company declined to provide details about the number of people losing their jobs. In a statement, Gannett spokesperson Lark-Marie Anton cited a need “to take swift action given the challenging economic environment. These staffing reductions are incredibly difficult, and we are grateful for the contributions of our departing colleagues."
