Gannett Co., the publisher of USA Today and 85 other daily newspapers, will eliminate 1,000 jobs by the end of the month. About 3% of the company's workforce will be affected by the cutbacks, but the company said no jobs at its flagship title, USA Today, will be eliminated.

Yahoo has appointed Frank Biondi and John Chapple to its board of directors. Biondi and Chapple are filling two new seats formed last month when, in order to avoid a proxy fight, Yahoo agreed to appoint activist investor Carl Icahn and two new members to its board.

Printer Quad/Graphics laid off 100 of its employees on August 13. The employees were primarily based in the Sussex, WI, plant and mostly in administrative positions, though manager of corporate communications, Claire Ho, said some were in production support positions.

Due to initiatives to reduce work hours and overtime, compensation expenses for the US Postal Service dropped by $247 million — or about 2.5% — in the third quarter compared to the same period last year, according to a financial report that the USPS has filed with the Postal Regulatory Commission.

The Week has raised its rate base by 25,000 and created two new executive editor positions as part of its ongoing expansion. With this rate base increase, effective January 2009, The Week will have a circulation of 500,000 — double its 2004 rate. The increase is the magazine's third within a year.

Publicis' Farrell discusses his view of direct agencies.

Transcontinental Direct USA has cut 50 jobs at three of its Pennsylvania locations. Employees at the Orwigsburg, PA; Hamburg, PA; and Reading, PA sites were informed of the layoffs on Monday. Transcontinental has seven factories in Pennsylvania; the others will not be affected by the cutbacks.

At Yahoo's annual meeting of stockholders, its board of directors appointed Carl Icahn to fill the seat vacated by Robert Kotick. Kotick's resignation from the board became effective immediately following the annual meeting. Additionally, the board voted to increase the number of seats from 9 to 11, leaving two seats open.

Time Inc. has moved production of its Fortune Small Business magazine (FSB) from its Fortune/Money Group to its Content Solutions custom publishing division.

The PRC's Langley discussed challenges for the US mailstream.