08/27/2009 05:12 am ET | Updated May 25, 2011

Gannett Now Cutting Severance Pay For Laid-Off Employees

But rather than pay severance, as it did in previous rounds, Gannett is paying what is called supplemental unemployment benefits, which allows the company to shift part of the cost onto the states.

The company says that for most employees the result will be about the same -- that in fact, many will get a little more, and a few could get much more.

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