Gannett last week told 485 back-office workers their jobs would be outsourced to a company in India, as the news publisher seeks to cut costs. The company described its plans in a frequently asked
questions document cited by Rick Edmonds, a media business analyst at
Poynter.
The report is …
This is a prime example of Media Companies that depend on and encourage LOCAL businesses to spend their money with them, while damaging, some would say decimating, that same LOCAL economy in their actions by eliminating local or regional employment opportunities.
This does not prove the world is a virtual workspace as if the internet did not do that two decades ago, or the daily Zoom calls for nearly every employee hasn't punctuated it each day of 2020. It has shown Condé Nast is late to the game of offshoring in order to increase profits without regard to maintaining a workforce in its primary market that can afford to purchase its' product or those of its advertisers'.
Mr. Saxton is right. There is little meritorious about this if you are not a shareholder or share-price incentivized executive.
Gannet