USA TODAY: …”USA TODAY is working to align its staffing levels to meet current market conditions,” the newspaper said in a statement. “The actions taken today will allow USA TODAY to reinvest in the business to ensure the continued success of its digital transformation.”
In the second quarter, Gannett reported that its publishing advertising revenue — including USA TODAY and its other newspapers — fell 5.7% from a year ago. Gannett doesn’t break out USA TODAY’s financial performance separately.
President and Publisher Larry Kramer said the move was made due to a difficult and inconsistent national print advertising market and to accelerate the newsroom’s digital transition, in which it has pushed reporters to publish real-time news and introduced new editorial products aimed at generating additional sources of digital revenue sources… (more)
