GoLocalProv | Projo's Parent Co, Stock Plummets 25% After Announcing Falling Earnings
Gannett's stock fell about 25% on Thursday after the company lowered its full-year revenue outlook, which was seen below estimates.
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Gannett's stock fell about 25% on Thursday after the company lowered its full-year revenue outlook, which was seen below estimates.
Projo's parent company sending jobs to India The next time you call the Providence Journal or the Newport Daily News you may be talking to someone in India. Gannett, the parent company of the two Rhode Island papers, told its business side employees that 485 of their jobs will be outsourced to India early in the next couple of months, according to Poynter. In Providence, the decimated Providence Journal, whose newsroom continues to shrink, has seen executive editor Alan Rosenberg, reporter Emily List, and long-time photographer Sandor Bodo leave the paper in the past few weeks.GET THE LATE...