Monday, March 19, 2012

Newspaper Giant Gives CEO $32 Million Severance Package After Laying Off 20,000 Workers In Six Years

Newspaper Giant Gives CEO $32 Million Severance Package After Laying Off 20,000 Workers In Six Years: pWhen Craig Dubow resigned as CEO of the nation’s largest newspaper conglomerate amid health problems last year, he ended a six-year stint that “was, by most accounts, a disaster.” Gannett, the parent company of the USA Today and 80 other American newspapers, had seen its revenue plummet $1.7 billion and its stock price fall 86 [...]/p