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Posted inMedia

Asheville Citizen Times Owner Gannett Says More Cuts Ahead in 2023

Earlier this month, Gannett’s Michael Reed had an opportunity to set a new course for the nation’s biggest newspaper company after disappointing financial results in August. Instead, he doubled down. Reed doubled down on cost-cutting, promising to cut $200 million to $240 million from “declining parts” of the business — primarily print. He doubled down […]

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