SurfaceUnits
08-15-08, 09:44 PM
Emmis Publishing Announces Reductions
Emmis Publishing has cut jobs and salaries in an effort to better position its magazines for success. The unit of Emmis Communications has reduced workforce by 4.5 percent and reduced the salaries of current employees by an amount that generally equals two percent. Emmis Communications is based in Indianapolis.
Indianapolis Star to lay off 23 workers
Twenty-three Indianapolis Star employees will be laid off as part of attempts by the newspaper's parent, Gannett Co. Inc., to cut costs. President and Publisher Michael Kane told employees in a memo this morning that details about the layoffs would be forthcoming next week. The downsizing was necessary to counter a revenue decline that shows little sign of improving "anytime soon," Kane said in the memo.
Emmis Publishing has cut jobs and salaries in an effort to better position its magazines for success. The unit of Emmis Communications has reduced workforce by 4.5 percent and reduced the salaries of current employees by an amount that generally equals two percent. Emmis Communications is based in Indianapolis.
Indianapolis Star to lay off 23 workers
Twenty-three Indianapolis Star employees will be laid off as part of attempts by the newspaper's parent, Gannett Co. Inc., to cut costs. President and Publisher Michael Kane told employees in a memo this morning that details about the layoffs would be forthcoming next week. The downsizing was necessary to counter a revenue decline that shows little sign of improving "anytime soon," Kane said in the memo.