New target numbers set for sites?
Gannettoid.com | email@example.com | Posted: Jan. 7, 2010 • Afternoon report
Rumors have been swirling that at least some newspaper properties are being told to grossly exceed budget for the first six months of 2010.
This initiative does not appear aimed at all papers in the U.S. Community Publishing division, but involved sites are reportedly being told to hit numbers far higher than that set out on the budget.
Individual properties prepare a budget, but corportate then either increases or decreases the set number. The new target numbers are set above the budget numbers, not instead of the set number.
So far, it is unknown if there are any mandates set for sites to achieve new numbers, such as layoffs or other cutbacks, but most employees at all papers in the division are required to take five furlough days in the first quarter.
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