DISQUS

Free wii · 11 months ago

yeh this could be just the start of the job cuts

Job Search Kent · 9 months ago

It's scary the number of companies that are making cuts. My friend just got made redundant. :-(

Free Macbook · 8 months ago

Redundancy is becoming a sad but true thing for so many people lately. I have had 2 friends here in the UK lose their jobs in the past few weeks. Something needs to be done, but I can't see it happening anytime soon!

Sunny · 11 months ago

How on earth can all this happen just because some greedy banks made a few bad loans? Well, a lot of bad loans. This mess is going to take years to recover from.

Upgrade_Your_Computer · 10 months ago

This had very little to do with 'greedy banks' and a lot to do with 'greedy politicians' trying to do social engineering in the housing markets. In a nutshell, Democrat politicians (led by Bill Clinton) wanted to increase home ownership among the poor. They convinced Freddimac and Fanniemae to insure more high risk, subprime loans and coerced bank into making these risky loans by threatening them with charges of 'Redlining' if they didn't cooperate. In an effort to protect themselves from these high risk loans the banks resold them as federally insured mortgage backed securities. Naturally a large number of these loans went bad because, lets face it, poor people can't afford home ownership! Eventually, Freddiemac and Fanniemae were overwhelmed by the losses and went bankrupt. That made those 'federally insured mortgage backed securities' very undesirable to own and their values plunged, and banks and other institutions that owned a lot of them suddenly had huge losses on their books. In 2005, Republican lawmakers tried desperately to curtail the growth of the subprime mortgage market, but were blocked by Democrats.

Don · 11 months ago

Unfortunately the current recession is hurting a lot of people..
Lets hope we get thru it real quick and move on

mobiles · 11 months ago

A lot of the problems occur because no one is held account able there paid millions in bonus for short term performance

wii · 11 months ago

that's bad news :(
that's why i starting looking for new job

Jordans · 11 months ago

It's real sad how everything is just falling apart, i hope the new president is able to make changes to the crisis we are in because many people are going to struggle and the worse is yet to come.

Steven L · 11 months ago

This is bad news, hopefully it won't last too long

wordpress theme designer · 11 months ago

In this economic climate, it's not surprising that there are so many redundancies these days. It's quite sad really.

Usborne Books Fan · 11 months ago

My uncle was one of the ones that just got cut from the Louisville Courier Journal...

I wonder if the internet papers are having an effect finally on the real papers?

streamingTV · 11 months ago

it is sad

Toronto SEO · 11 months ago

Matt Cutts is the man, a must read blog for any internet marketer. We are well aware of the recession, its time to work harder than ever.

Belly Burn Fat · 11 months ago

Clearly we are facing difficult times. Lets hope our economy gets back up pretty soon. Good luck to everyone that lost his job.

Ipm security · 10 months ago

It's the same across the pond.
I can only count myself fortunate that the need for door staff in sheffield has risen rather than dropped. No matter how bad things get, people still need to go out to events, clubs etc just to de-stress and let the hair down.

Free 3d Chatroom · 10 months ago

2009 is supposed to be one of the worst years in decades as far as economy growth. surely we are headed twords a major recession. I hope everyone of these laid of employees saved a little for hard times

make money · 10 months ago

Yes it does seem to be getting worst before getting better but not all areas of the economy are failing, for example the education sector is actually growing.

5assedmonkey · 10 months ago

Starting from late 2008 economic crisis has gone deeply into every area of bussiness. Our newspaper where i work lost more than 150 work places just last month and now we are all in unpaid vacation. Although skeptical i believe that this year thing will go better for all of us. With the new president and big promises we may live to see it all go up again. After all everything has a peak and down side. Cheers.

DotA · 10 months ago

Sad. :(

66stage · 10 months ago

Lets hope that Obama can make our country a better place.

Rosie · 10 months ago

It's sad the way things are and yet those with money will see this as an ideal time to invest for the future. Mind you a bit of foresight and a crystal ball would help!

Fendt Tractors · 10 months ago

Unfortunately the current recession is hurting a lot of people..
Lets hope we get thru it real quick and move on

Review on RefererX · 10 months ago

Hope this recession will end soon and everything backs to normal.

Community Live Sex · 10 months ago

very intesting hopefully it won't last long

reficul · 10 months ago

Unfortunately the current recession is hurting a lot of people..

sob...

miracleloans · 10 months ago

That's very unfortunate. Jobs are being cut across the globe and I'm sure it's going to continue for at least a few more years. But I hope I'm wrong about this.

Mygster · 10 months ago

Really bad news!

Credit Repair · 10 months ago

not good

david · 10 months ago

need to find new job

Furniture Store Toronto · 10 months ago

ok

jin@Furniture Store · 10 months ago

Great

GPSReviews · 10 months ago

Rough time for the newspaper biz. If they are not heavy online, they are suffering.

drizzit12 · 10 months ago

The economy is so connected that any missteps by one portion of it will send shock waves through the entire economy. It really sucks because so many people are being hurt who didn't do anything, yet executives are still getting paid hundreds of thousands of dollars.

billybonds · 10 months ago

Gannett really are suffering

Vi · 10 months ago

This is a great website.

kojakfull · 10 months ago

A lot of cuts going on right now on many companies like intel. I hope US can stand up again just like before

Mike · 10 months ago

It seems lay offs will not leave us soon...

YouTube Bot · 9 months ago

This is some really bad news, things have only gotten worse too!

ebaysuccesskit · 9 months ago

Another unfortunate situation due to the recession.

Free web content · 9 months ago

well, newspapers, auto manufacturers are going down one by one as well as other industries. When I was a child, I always wondered, how people lived through Great Depression. It seems that we will have it as great as it was in 1929...

secure_vpn · 9 months ago

The end of newspapers as we know them is near.

Discount Perfume · 9 months ago

I'm so sick of hearing about job losses every single day!

Cham · 9 months ago

It's hard to tell when this will end.

Cham · 9 months ago

Hard to tell when this will end. Sad times.

shadowlady · 9 months ago

Hard to tell when this will end

disneyland tickets · 9 months ago

lets just hope the economy gets better soon. otherwise this isnt the last of these news that we'll hear.

Panama Tax Law · 9 months ago

I wonder how many of these reporters/journalists/editors/etc. will look towards the internet for work. They have the skills, brick and mortar print reporting just isn't the same as it used to be.

Homes On Sale · 9 months ago

A good friend was one of those who lost his job with Gannett. It's taken him 3 months to get a new job thankfully. It's tough times lets hope the storm resides soon!

hartanto · 9 months ago

How enjoy I am comment with disqus.

Oh sorry I have to leave something for comment. mm.... I like the picture but it` s better if you take picture while no cloud surrounding it. Cheerz

Charlotte Cajun Restaurant · 9 months ago

Charlotte Cajun Restaurant
After taking our business to Charlotte,NC just ahead of Katrina, I am blessed to be able to work for myself and family during these rough economic times. Many of our customers have had to endure pay cuts, layoffs and especially now the financial(banking) crisis.(Home to Bank of America). Prayers go out to all suffering during these tough times.

Treating Adult Acne Cysts · 9 months ago

Such a shame that the world has come to this just because some people in the world got greedy :(

simonok · 9 months ago

I just lost my job, the banks have messed everything up.

Free Macbook · 8 months ago

Redundancy is becoming a sad but true thing for so many people lately. I have had 2 friends here in the UK lose their jobs in the past few weeks. Something needs to be done, but I can't see it happening anytime soon!

Personal Injury Claim · 8 months ago

I hope this recession ends soon eveything is doom and gloom.

Learn From Video · 8 months ago

How many millions have lost jobs already?

Something needs to be done before there are no jobs left!

plyplema · 8 months ago

So many places are going to be on the back foot when things come good and they are left with no skilled staff...

Cigars · 8 months ago

No way this lasts

san diego wedding photographer · 8 months ago

yup, social engineering at it's best. the poor get poorer and the rich get richer.

best san diego window cleaning · 8 months ago

when will this nightmare end.

Home fire damage san diego · 8 months ago

ironically these cuts are due not to the economy but because the way news is delivered doesn't work the way Gannet does it

baby_daddy · 8 months ago

More job cuts? This is really getting tough. My dad has been out of work now for almost 5 months.

car supermarkets · 8 months ago

i hate job cuts thats why i work for myself

foss · 8 months ago

I did experience the same windows redraw issue. That was probably what annoyed me the most.

arn2001 · 8 months ago

it got to end soon (24 months?), nad how much more suffering do we expect till then....hai......

Resell Rights Membership · 8 months ago

It's bad news, hope it doesn't last long.

jeffreyhuan · 8 months ago

I lost my job in this recession. Sad!

ciacho · 8 months ago

Bad news... Blackout is very dangerous.

adihamo · 8 months ago

it is really too bad to hear that people all over the world losing jobs , here also in Dubai so crazy and companies are taking a big adavantge of that to get ride of so many people too

hope this issue ends up soon

Wasa · 8 months ago

:(

Oi Torpedo · 7 months ago

Bad bad news, I think this will last 'till 2010

Video Divertenti · 7 months ago

It's very scariest the number of companies that are making cuts!!

SarahM · 7 months ago

I just dont understand how people are supposed to get their news that aren't internet savvy. My parents are in their 80s and if my Dad couldn't read his daily paper - he's croak. With more and more news organizations laying people off, it's just a matter of time before the doors close!

B&B Blackpool · 7 months ago

Job losses are the worst thing in a recession. It is also one of the key indicators to look at when watching for the recovery.

When the news starts telling us a recovery is underway look at the unemployment figures for the true picture if the rate of decline is slowing then possibly, If not then no recovery is underway.

candy · 7 months ago

well we ever recover from this bank fiasco.. I can't believe there are not people watching others .. did everyone just look the other way.. it is criminal.

dodado.com · 7 months ago

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Koozies · 6 months ago

At the end of the day, more and more of us come up on the chopping block. So you have to work a little harder, work a little smarter, sharpen all your tools. There is a little good to this, it is truly a shame to those who have lost jobs who did not deserve to lose them.

Nj Open Mica · 6 months ago

I can't believe how many people are losing their jobs. "Redundancy" is everywhere now.

ecommerce website prices · 5 months ago

Times are getting tough.

vaginalodor · 5 months ago

It is tough being in the newspaper business at this time. With the economy in the tank and many getting there news online no wonder the papers are suffering.

s. green · 5 months ago

its crazy how many job cuts there has been.

Joe118 · 5 months ago

Newspapers are biting the dust right left and middle... We'll be w/o bona fide journalism before this crisis is over. Is there really no business model anymore for real journalism?

southfranceproperty · 4 months ago

You need to move to France as they just announced here that the newspaper industry (and specifically ailing newspapers) will now get a 2 Billion boost from the government to help it survive the recession!