The American newspaper industry was in a state of collapse long before the recent economic meltdown. (Yes, we're trendsetters.) Over the past few years, it's been jettisoning employees by the thousands. And in recent weeks, the country's largest newspaper owner, Gannett (owner of The Tennessean) has laid off more than 2,000 workers alone.
Now comes word of further cost cutting that may soon hit Nashville. The Detroit Free Press (also owned by Gannett) and the Detroit News have announced that they're cutting home delivery to just three days a week
--Thursday, Friday and Sunday. The idea is that they'll save a ton of money on labor, gas, etc.
Due to the Third World economics of Detroit, one might construe this to be an isolated incident. Think again. In recent weeks The Tennessean has laid off another 92 employees.
And since Gannett has long been regarded for its slavish devotion to the bottom line--margins over quality be thy name
--it seems only a matter of time before the same comes to Nashville.