Gannett Blog: Documents reveal double-digit profit margins at scores of papers now on verge of massive layoffs

“Documents reveal double-digit profit margins at scores of papers now on verge of massive layoffs

“We’ve always heard that Gannett newspapers racked up double-digit profit margins, even as bad times engulfed the industry. But I’ve never seen actual numbers until now, because Corporate keeps the performance of individual businesses a well-guarded secret.”

Gannett Blog: Documents reveal double-digit profit margins at scores of papers now on verge of massive layoffs

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