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In a memo to staff, Gannett CEO Mike Reed offered employees voluntary buyout packages "to reduce our overall cost structure as we strive for revenue growth" (Allan Lengel/Deadline Detroit)

Mediagazer · last updated

Allan Lengel / Deadline Detroit:
In a memo to staff, Gannett CEO Mike Reed offered employees voluntary buyout packages “to reduce our overall cost structure as we strive for revenue growth”  —  The Detroit Free Press, which has offered multiple buyouts over the years and has seen its staff shrink dramatically since …