Gannett gave pink slips to approximately 700 employees yesterday, including an approximately 30-40 employees in its Phoenix newsrooms. In a confidential memo to Gannett’s US Community Publishing employees, President Bob Dickey cited lackluster ad sales as a reason for the layoffs.

According to the Phoenix New Times, Gannett plans to shut its Phoenix Offset plant in Chandler and shutter “Yes” Magazine.

Sources:
Bulletin: Gannett announces 700 newspaper layoffs [Gannett Blog]
AZ Republic Lays off 30 to 40 [Phoenix New Times]