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Ian Lind • Online daily from Kaaawa, Hawaii

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Entries from October 11th, 2008

Saturday…More cutbacks at Gannett’s Honolulu Advertiser, S-B update, and a new local online venture

October 11th, 2008 · 1 Comment · Media

With Gannett stock plunging briefly below $12 per share Friday, and a Goldman Sachs analyst predicting continued “record declines” in ad spending over the next year, the Honolulu Advertiser has announced another round of buyouts coupled with wage and benefit cutbacks, as well as structural changes that could result in further layoffs of union members. [...]

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