ProJo parent cuts staff after $54M Q2 loss

GANNETT CO., PARENT company of The Providence Journal and several other local newspapers, commenced a round of layoffs Aug. 12, a week after the company reported a $53.7 million loss in the second quarter, multiple news outlets reported. / PBN FILE PHOTO/ARTISTIC IMAGES
PROVIDENCE – Gannett Co., parent of The Providence Journal and other local newspapers, commenced layoffs at several publications Aug. 12, a week after the company reported a $53.7 million loss in the second quarter, according to news reports. Pointer.org reported Gannett Media President Maribel Perez Wadsworth told staff in an email when the loss was…

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