Ax falling at Advertiser

[Leo Lakio]

Re: Ax falling at Advertiser

It's a different meaning when Gene Simmons sticks out his tongue.

Not so sure he isn't "teasing" as well?

[Walkoff Balk]

Re: Ax falling at Advertiser

What emotion does "stick out tongue" represent to you, just out of curiosity? I never thought that deeply about it - but I guess if pushed, I would think "teasing."

It's a different meaning when Gene Simmons sticks out his tongue.

[Leo Lakio]

Re: Ax falling at Advertiser

What emotion does "stick out tongue" represent to you, just out of curiosity? I never thought that deeply about it - but I guess if pushed, I would think "teasing."

[TuNnL]

Re: Ax falling at Advertiser

Why would you use a happy smiley for such a sad and terrible topic?
Surely you aren't happy people are losing their jobs and that everyone wants to know who got fired and who didn't?

I didn’t use a happy smiley! Please educate yourself on which smilies represent what emotion.

[foolish heart]

Re: Ax falling at Advertiser

I feel extremely bad for anyone losing their job, but when a company's stock loses 67% of its value and it's rating is about to be devalued, across the board cuts are to be expected. "Ruthless" is a great discription for Gannett and many large corporations. Look at GM, Delta Airlines, even Starbucks. They are all laying off employees. When it's not in Hawaii we just see numbers, but these are people with families and bills too. This one just happen to hit us here as well.
Now does the Advertisers' job cuts have anything to do with the ongoing labor dispute? Probably, but I can't dismiss corporate mandating it either. Regardless of how profitable Gannett might be, the stockholders, which includes most Gannett employees, expect management to fully execute their fiduciary duties (in good times as well as bad times). Mainly keep the stock worth the money they paid for it and keep profits flowing.
The Advertiser might be one of the few Gannett newspapers that are extremely profitable but in the world of big business that's just one line on the ledger. It's the profitability of the entire corporation that matters.
Please believe when I say I'm not an apologist for Gannett, but they are in trouble. Much like many large newspaper chains nowadays.

...............

[Media Guy]

Re: Ax falling at Advertiser

I feel extremely bad for anyone losing their job, but when a company's stock loses 67% of its value and it's rating is about to be devalued, across the board cuts are to be expected. "Ruthless" is a great discription for Gannett and many large corporations. Look at GM, Delta Airlines, even Starbucks. They are all laying off employees. When it's not in Hawaii we just see numbers, but these are people with families and bills too. This one just happen to hit us here as well.
Now does the Advertisers' job cuts have anything to do with the ongoing labor dispute? Probably, but I can't dismiss corporate mandating it either. Regardless of how profitable Gannett might be, the stockholders, which includes most Gannett employees, expect management to fully execute their fiduciary duties (in good times as well as bad times). Mainly keep the stock worth the money they paid for it and keep profits flowing.
The Advertiser might be one of the few Gannett newspapers that are extremely profitable but in the world of big business that's just one line on the ledger. It's the profitability of the entire corporation that matters.
Please believe when I say I'm not an apologist for Gannett, but they are in trouble. Much like many large newspaper chains nowadays.

[foolish heart]

Re: Ax falling at Advertiser

There's profits, and then there's Gannett profits. You see, when Gannett is used to projecting and earning $10 zillion, and they instead make profits of $9 zillion, Gannett claims it's losing $1 zillion.

The Honolulu Advertiser is an extremely profitable operation.

"Ruthless" is the word that comes to mind.

[foolish heart]

Re: Ax falling at Advertiser

Ran into Leila Wai tonight. She assured me that she still had her job. It was an interesting exchange. There was a lot of people around us talking so I kind of got cut off while trying to ask her about it. But she finished my question for me with her answer. Guess it must be a popular question these days.

Why would you use a happy smiley for such a sad and terrible topic?

Surely you aren't happy people are losing their jobs and that everyone wants to know who got fired and who didn't?

[Geebz]

Re: Ax falling at Advertiser

If the bridge of the Gannett Death Star want to increase profits by dropping bodies, they should start with the non-union managers and editors at The Advertiser. There are too many of them.

Unfortunately, I'm feeling that this is the lay-off trend that is starting with print will spill into radio then TV within the next 6 months.

[salmoned]

Re: Ax falling at Advertiser

I have shares in a newspaper publishing company that was worth $36/share. Today it is $3.60/share. oh well....time to buy?

Oh yeah, because newspapers are comin' back BIG TIME - not.

[mediababy67]

Re: Ax falling at Advertiser

If the bridge of the Gannett Death Star want to increase profits by dropping bodies, they should start with the non-union managers and editors at The Advertiser. There are too many of them.

[Nords]

Re: Ax falling at Advertiser

It was costly then, so you can imagine how expensive it is now.

It's nice to see Craigslist doing to the Advertiser what the Advertiser used to do to us "customers"...

[buzz1941]

Re: Ax falling at Advertiser

There's profits, and then there's Gannett profits. You see, when Gannett is used to projecting and earning $10 zillion, and they instead make profits of $9 zillion, Gannett claims it's losing $1 zillion.

The Honolulu Advertiser is an extremely profitable operation.

[TuNnL]

Re: Ax falling at Advertiser

Ran into Leila Wai tonight. She assured me that she still had her job. It was an interesting exchange. There was a lot of people around us talking so I kind of got cut off while trying to ask her about it. But she finished my question for me with her answer. Guess it must be a popular question these days.

[tutusue]

Re: Ax falling at Advertiser

If I were to make an uneducated guess, I would say when it comes to certain things in life, it is very easy to crunch the numbers so that they are to one's benefit.

Is that akin to "cooking the books" or is it closer to simmering a few chapters?