The Wall Street Journal reports that between 1,000 and 2,000 people will lose their jobs. The company's flagship paper, USA Today, will be spared.
Gannett has created a pile of pink slips in recent years. Between 2007 and 2008, the company eliminated 10,000 jobs.
From the New York Times:
Gannett, the publisher of USA Today and 84 other U.S. papers, saw newspaper advertising revenue fall 34.1 percent in the first quarter, compared with the period a year earlier. Analysts say second-quarter numbers will be similarly weak. The company has taken some drastic steps to lower expenses, including cutting home delivery of The Detroit Free Press from daily to three days a week, and stopping print publication of The Tucson Citizen.(h/t Romenesko)