Money Gannett announces layoffs in its news division, citing a ‘news cost base’ that is too high November 17, 2022Swapna Venugopal Ramaswamy, USA TODAYComments Off on Gannett announces layoffs in its news division, citing a ‘news cost base’ that is too high Gannett posted a third quarter net loss of $54.1 million compared with a net income of $14.7 million in the same period a year earlier.